The recent surge in crypto activity brings not only opportunities, but also growing risks. Ripple, the company behind XRP, has issued a strong warning about a new wave of scams targeting unsuspecting XRP holders. The alert comes at a time when trust in the market is gradually recovering.
XRP Scams Are Becoming More Sophisticated
Ripple stresses that the company will never ask users to send XRP tokens — not for giveaways, promotions, or any other reason. Yet social media is flooded with fake accounts impersonating Ripple executives like CEO Brad Garlinghouse, offering large XRP rewards. These scams are often highly convincing, using counterfeit websites, deepfake videos, and AI-generated content.
Scammers increasingly rely on advanced tools, including artificial intelligence, to deceive victims. Fake tweets, airdrops, and promotional campaigns are used to lure people into sending their crypto. Recently, former Binance CEO Changpeng Zhao revealed that his voice was cloned so accurately with AI that he couldn’t tell the difference himself.
Ripple urges users to always verify through official channels and never share private data or tokens with unverified parties. If in doubt, users should immediately report suspicious messages, emails, or ads. Ripple also warns against offers that sound too good to be true — because they usually are.
As these scams grow more professional and deceptive, vigilance is crucial. The financial losses victims suffer are often irreversible. Ripple concludes its warning with a strong message: “Stay alert. If it sounds too good to be true, it probably is.”