In South Korea, many people lost money because of this $XRP project.
Frankly, the number of people investing in cryptocurrency in South Korea is huge, so the #XRP team hired numerous KOLs and media outlets to promote the project in the country.
This project didn't do anything at all; it only had good relationships with KOLs around the world and strong media coverage.
The XRP team spent a ton of money promoting this project and finding liquidity to sell tokens and make a profit. The amount of money they made at the expense of XRP holders was enormous.