Saudi Aramco is not working with the XRP Ledger (XRPL)
Less than 24 hours after the news broke about Saudi Aramco's partnership with XRP, the oil giant publicly announced that it is not working with the XRP Ledger (XRPL) blockchain. The organizers of the alleged project only used the company's name to imply that it was a government initiative.
Misinformation and Forged Signature in Aramco Deal
#Bitcoin2025 This week, a document claiming that Saudi Aramco is working with White Network for oil tokenization using XRPL circulated online.
According to an X post from BULLRUNNERS on X, to verify its accuracy, readers were misled into believing that a government official named "Sheikh Abdullah bin Khalid Al-Falih" had added his signature to the document. This information was included to imply that it was a government-backed project. Upon closer inspection, it became clear that there is no Saudi official by that name.
However, it is important to note that there has been no official confirmation from Aramco.
This is a case of media misinformation, promoted due to the hype and excitement in the XRP community. Some malicious actors are exploiting this momentum to spread false information. Saudi Aramco is known for its expertise in bond sales and international energy deals, but it has not recently announced any interest in blockchain technology or oil tokenization.
