Ripple Warns of XRP Scams Amid Market Surge

Ripple has sounded the alarm against cryptocurrency scams, specifically targeting XRP holders amidst recent market volatility. The company issued a warning message on its social media platform, stating that they will never request XRP tokens for giveaways and reiterating that this applies to CEO Brad Garlinghouse and President Monica Long. [1] Ripple encourages users to exercise caution regarding suspicious website links and social media accounts that may appear dubious. The company’s alert comes as cryptocurrency scams are becoming increasingly sophisticated, leveraging advanced AI techniques like deep fakes and voice-changing software to trick victims into sending cryptocurrencies.