Ripple has issued a warning about increasingly sophisticated scams targeting XRP investors. The company stated that counterfeit campaigns are taking advantage of major industry events, such as Ripple Swell, to spread fake content, particularly fake “Live” videos on YouTube.
Ripple emphasizes: “We will never ask you to send XRP. Stay vigilant!”
The Swell event and recent announcements have helped XRP gain traction, attracting many companies like Evernorth to develop treasury solutions based on XRP. The emergence of the XRP spot ETF has also increased discussions about the role of this asset in institutional portfolios, while also raising the risk of fraud. Ripple urges users to verify information carefully and emphasizes that education and robust verification tools will help protect investors.
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