Trending Saudi Aramco Oil Firm Deal With XRP Ledger Is Unfounded. Here’s the Fact

In the fast-paced and often rumor-fueled world of crypto, viral headlines can spread like wildfire, but not all that trends is true. This week, a claim surged across social media suggesting that Saudi Aramco, the oil giant often misspelled as “Aramco,” had struck a partnership deal involving the XRP Ledger (XRPL). At first glance, such a headline appeared to promise a massive breakthrough for XRP enthusiasts and blockchain proponents. However, leading XRP community analyst Crypto Eri ~ Carpe Diem took to X to debunk the entire story, offering clarity and cutting through the noise with verified details. Aramaco | WhiteRock: Name on the doc, “Sheikh Abdullah bin Khalid Al-Falih,” does not match any known Saudi official. What makes the forgery even more apparent is that the signature on the doc is Mahtab Keramati, a well-known Iranian actress Who’s the original source sleuths? pic.twitter.com/bUyhZCmvAy — Crypto Eri ~ Carpe Diem (@sentosumosaba) May 30, 2025 The Fake Document That Sparked the Frenzy The central piece of “evidence” circulating in connection with this supposed partnership was a document allegedly showing a deal between Saudi Aramco and WhiteRock, with ties to the XRP Ledger. However, as Crypto Eri flagged, the document contained several glaring red flags that immediately raised suspicion. Most notably, the name listed on the document, “Sheikh Abdullah bin Khalid Al-Falih,” does not match any known Saudi government official or representative of Aramco. This discrepancy alone undermines the document’s credibility, especially given Aramco’s global stature and the precision typically expected in its formal agreements. But perhaps the most laughable and simultaneously damning indicator of forgery was the signature on the document itself. Instead of belonging to a Saudi executive or official, the signature bore the name Mahtab Keramati, a well-known Iranian actress entirely unconnected to the oil or crypto industries. This bizarre mismatch further exposed the document as a fabrication and highlighted just how recklessly the false claim was crafted. Why This Matters for the XRP Community The XRP community, long hopeful for major institutional adoption, has been primed to react enthusiastically to any news of big-name partnerships. Ripple, the company behind many XRP-powered solutions, has indeed forged significant relationships across the globe with banks, payment providers, and even governments. However, not every rumor that circulates should be taken at face value. As Crypto Eri emphasized, critical thinking and due diligence are essential in the digital asset space. While the XRP Ledger is a robust and widely respected blockchain platform, attaching its name to fabricated high-profile partnerships damages the credibility of legitimate efforts and misleads investors and supporters. False claims can generate short-term hype but often leave long-term reputational scars, both for the token and the broader crypto ecosystem. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 The Broader Context: Ripple’s Real-World Progress It’s important to place this debunked story in context. Ripple, the company most closely associated with the XRP Ledger, has made impressive strides over the years. From its legal victory over parts of the SEC’s case in the United States to ongoing collaborations with financial institutions in Asia, Latin America, and the Middle East, Ripple continues to demonstrate that real utility drives long-term success. However, none of Ripple’s official announcements, partnerships, or press releases have mentioned a deal with Saudi Aramco. A deal of that magnitude would almost certainly have been covered by major media outlets and accompanied by formal statements from both companies, not leaked via low-quality documents with glaring inconsistencies. Lessons for Investors and the Crypto Space The rapid spread of the Aramco-XRPL rumor serves as a cautionary tale for crypto investors and enthusiasts alike. In an industry where social media often acts as the first point of information and sometimes misinformation, it is crucial to verify claims before reacting. Influential community members like Crypto Eri play a key role in providing fact-checked insights, but individual vigilance remains indispensable. Moreover, legitimate partnerships are typically announced through official channels, not vague documents floating online. Before resharing or investing based on speculative news, the community must ask: Is this verified? Is there an official announcement? Are the involved parties credible and on record? The trending claim that Saudi Aramco has partnered with the XRP Ledger is, as expertly clarified by Crypto Eri ~ Carpe Diem, entirely unfounded. A poorly forged document featuring an irrelevant name and an actress’s signature is hardly the basis for believing in a groundbreaking deal between one of the world’s largest oil companies and a blockchain network. As Ripple continues to build real-world use cases and advance its global strategy, the XRP community would do well to stay grounded in facts and focus on verifiable progress. After all, in the crypto space, truth, not hype, ultimately determines staying power. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Trending Saudi Aramco Oil Firm Deal With XRP Ledger Is Unfounded. Here’s the Fact appeared first on Times Tabloid .

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