BLOCKLENDERIS A SCAM.

Yes — that is the conclusion this archive reaches, and it is based on published evidence rather than opinion. PhishDestroy classifies the Blocklender domain as a crypto drainer with a threat score of 100 out of 100. ScamAdviser returned a trust score of 6 out of 100 and Scam Detector rated it 11.3 out of 100, both in their highest-risk bands. Multiple users have publicly reported depositing XRP and then being unable to withdraw it. Every source is linked on this page so you can check each one yourself.

blocklender.io was the original Blocklender domain. It was registered anonymously on 6 March 2026 through Namecheap, using an Icelandic privacy service that hides the registrant name, address and email. Paid promotional articles for a 12% APR XRP lending product began appearing the following month. The domain later stopped serving and returned an HTTP 403 error. Independent security services had already flagged it as malicious before it went dark.

blocklender.app is live right now and carries the same Blocklender name, the same XRP and RLUSD lending pitch, the same fixed 12% APR with daily compounding, the same claimed figures of 14,000+ active lenders and 1.13B XRP lent, and the same withdraw-anytime promise as the domain that collected the original scam reports. Nothing about the offer has changed except the web address. Treat it with the same caution.

Multiple users have publicly reported that they could not. Reports describe withdrawals denied outright, withdrawals placed under review indefinitely, and support going quiet. One user reported that their XRP settled to a destination tag they never entered, which leaves a ledger record that looks as though they sent the funds away themselves. Reports also describe small test withdrawals being refused, so a working small withdrawal should never be read as proof the platform is solvent.

No. Building on the XRP Ledger is open to anyone and implies no endorsement from Ripple, Ripple Labs or the XRP Ledger Foundation. Ripple does not endorse Blocklender. Accounts impersonating Ripple CTO David Schwartz and CEO Brad Garlinghouse were reported promoting the platform on Instagram — Schwartz has publicly warned that anyone claiming to be him on Instagram or Telegram is likely a scammer.

A 12% yield is not by itself proof of fraud — real credit businesses do earn double-digit returns. What separates them is that you can identify the operator, the borrowers, the collateral, the auditor and the regulator. For Blocklender none of those are identifiable. Interest has to be paid by somebody who borrowed the money, and Blocklender names no borrower, publishes no collateral address and names no auditor. The question is never whether the rate is too high, but who is paying it, out of what, and whether you can check.

Stop sending funds immediately, including any payment framed as a fee, tax or unlock charge needed to release your balance. Screenshot your account, the deposit and withdrawal screens and all support conversations. Copy your transaction hashes — they are permanent, public and your strongest evidence. Record destination addresses and tags. Revoke any wallet approvals you granted. Report it to the exchange you sent from, and file with IC3, the FTC or your national cybercrime portal.

Recovery is unlikely. A completed payment on the XRP Ledger is final — there is no chargeback and no intermediary who can reverse it. Report it anyway: exchanges can flag destination addresses, and reports are how patterns across many victims become visible to investigators. Be extremely careful of anyone who contacts you promising to recover your crypto for an upfront fee. Those services are frequently a second scam targeting people already harmed by the first.

No named regulator, license number, jurisdiction, auditing firm, published audit report or named insurer has been identified for Blocklender. The site displays security, insurance and audit language, but an audit that cannot be read and an insurer that cannot be named give a depositor nothing to verify.

No. Those placements are paid promotional articles and press-release distribution, not editorial reporting. Sponsored syndication involves no verification of the underlying business, and the format is deliberately designed to resemble news coverage. The Blocklender campaign ran across TechBullion, Bitcoin.com, IPS News and Benzinga press releases beginning weeks after the domain was first registered.

No audited total exists. One user publicly reported losing approximately $24,000 in XRP. Community discussion has circulated an aggregate figure above $500,000 on the reasoning that most affected people never report publicly, but no regulator, exchange or blockchain forensics firm has published a confirmed loss figure, and this archive does not present that estimate as fact.

Run the domain through PhishDestroy, ScamAdviser and VirusTotal. Check the WHOIS record for the registration date and whether the owner is hidden. Search the platform name together with the word "withdrawal" to find complaints. Demand a named legal entity, a named auditor with a readable report and a named insurer. If a platform claims full on-chain transparency, ask for the wallet addresses — a transparency claim with no addresses attached is the claim failing its own test.