A pseudonymous X user known as “Mr. Man” has issued a strong caution to XRP holders , warning them about a project he believes is raising multiple red flags. The warning comes in response to a July 3 announcement from RealFi, which claimed that a major update related to the $654.39 trillion global real estate market would be unveiled on the XRP Ledger on July 21. While the announcement has generated excitement among some XRP supporters, skeptics like Mr. Man are urging the community to look beyond the surface and demand hard evidence. RealFi’s Bold Claims Face Scrutiny RealFi has attracted attention with its ambitious vision to tokenize the global real estate market, estimated to be worth over $654 trillion, using the XRP Ledger . The project claims it has completed large-scale stress testing and has had discussions with Ripple’s team during its development. It also launched a presale of its $REAL token on June 7 and has promised recurring token burns and XRP giveaways to maintain investor interest. This is likely a scam. They claim to be “built on the XRP Ledger” and even say their team “talked and met with the Ripple team during development”. But those are unverified claims from their own sources there’s no confirmation from Ripple Labs, Ripple’s website, or reliable… https://t.co/Uba5bwDjGS — Mr. Man (@MrManXRP) July 4, 2025 Despite these promotional efforts, RealFi has yet to provide verifiable proof of its claims. There is no official confirmation from Ripple Labs, no mention on Ripple’s website, and no backing from reputable third-party partners. While the concept of real estate tokenization is gaining traction globally, and Ripple itself is exploring the use of the XRP Ledger for such purposes, the scale and certainty with which RealFi is presenting its roadmap appear, at best, overly ambitious and, at worst, misleading. Community Voices Deepening Concerns Mr. Man’s July 4 post echoes earlier concerns raised by prominent figures in the XRP community. On June 4, Panos Mekras, co-founder of Anodos Finance, labeled the RealFi project “a likely scam,” warning investors to steer clear of token presales from anonymous teams making unverifiable claims. Mekras stressed that phrases like “built on the XRP Ledger” or “in talks with Ripple” are often misused to lure in unsuspecting investors. Mr. Man builds on that critique by pointing out that all claims about Ripple’s involvement originate solely from RealFi’s marketing. With no third-party validation or acknowledgment from Ripple’s ecosystem, he argues, such statements are highly questionable. The absence of a named team, audit reports, or institutional backing only strengthens the case for caution. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 The Importance of Verification Tokenizing real-world assets like real estate requires far more than bold marketing. It demands regulatory compliance, identity verification, custody solutions, and secure legal frameworks. Ripple has been advancing these foundations through developments like permissioned DEXs, AMMs, and decentralized identity solutions. However, RealFi has offered no clear plan for how it will integrate with these tools or meet the legal and operational standards needed to scale real estate tokenization globally. A Cautionary Note for XRP Holders As RealFi’s July 21 reveal approaches, questions about the project’s credibility continue to mount. Mr. Man’s warning is timely and urgent: without independent verification, transparent leadership, or confirmation from Ripple or its ecosystem, XRP holders should remain skeptical. Until RealFi presents clear, independently verified documentation, including audits, legal compliance, and verifiable partnerships, investors are advised to proceed with extreme caution. Mr. Man’s message is simple but critical: don’t be blinded by flashy numbers and grand claims. In crypto, proof matters more than promises. 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 Investor Issues Critical Warning to XRP Holders on This Project With Red Flags appeared first on Times Tabloid .
