Ripple alerts users about scammers impersonating its official YouTube account to promote fraudulent XRP giveaways. The company emphasizes that they will never request users to send XRP.
In the first half of 2025, losses due to crypto scams reached 2.1 billion USD, exceeding previous records. Ripple CEO Brad Garlinghouse stresses the importance of skepticism towards improbable offers.
XRP recently peaked at 3.66 USD but has since retreated to 3.19 USD. The surge in crypto prices has drawn out scammers capitalizing on the market’s positivity and community trust.
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