Scammers Pounce as Crypto Markets Touch New All-Time Highs
12 Articles
12 Articles
Ripple CEO Warns of YouTube XRP Scams Following All-Time High Surge - WorldNL Magazine
In brief XRP hit a new all-time high of $3.66 this week before retreating to $3.15 amid surging volumes and renewed market attention. Ripple CEO Brad Garlinghouse warned of scammers impersonating the firm on YouTube and other social sites. The cryptocurrency's older retail base makes it especially vulnerable to social engineering, analysts told Decrypt. After XRP hit a new all-time high earlier this week, the CEO of Ripple warned of scams target…
Ripple CEO Exposes Deepfake Scam Tactics Targeting Investors
Ripple CEO Brad Garlinghouse has issued a clear warning to XRP holders following a recent spike in the token’s price. According to him, scammers have increased their efforts to exploit the bullish momentum by targeting the XRP community, particularly through YouTube. Garlinghouse explained that fraudsters have been hijacking legitimate YouTube accounts. They then rebrand these channels to look like Ripple’s official page. Once rebranded, they pr…
Ripple CEO Sounds Alarm as Fake XRP Giveaways Spread on YouTube
Community member Xtina George was among the first to flag the scam, noting that YouTube channels with over 170,000 subscribers are pushing a fraudulent 100 million XRP reward campaign. These accounts copy Ripple’s branding to appear legitimate, even though the real Ripple YouTube channel has fewer than 82,000 followers. Ripple responded by clarifying that scammers are hijacking existing accounts and rebranding them to look authentic. The company…
Ripple CEO Warns Against Fake XRP Giveaways on YouTube
Ripple CEO Brad Garlinghouse has cautioned the community against XRP scam airdrops. There are frauds who hack YouTube channels and use them to promote fraudulent offers. They start using deepfake videos that impersonate official Ripple channels. They are giving crypto payments in exchange of free XRP. Garlinghouse emphasizes that any valid project does not demand deposits. He is encouraging the users to implement caution and report frauds. He re…
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