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Ripple Sounds the Alarm Over XRP Scams

By admin On May 20, 2025

Enterprise blockchain company Ripple has issued a fresh scam warning on its social media profile amid a cryptocurrency market uptick.

The company has stressed that it will never ask XRP holders to send it tokens as part of giveaways. The same applies to the company’s top executives, including CEO Brad Garlinghouse and President Monica Long.

Ripple has warned XRP holders against clicking website links that seem suspicious. One should also refrain from engaging with social media accounts that appear to be suspicious.

As reported by U.Today, cryptocurrency scams are becoming more advanced with the help of artificial intelligence (AI). Scammers now rely on convincing deep fakes and voice-changing software in order to trick potential victims into sending them crypto.

Former Binance CEO Changpeng Zhao recently revealed that his voice was recently cloned with extreme accuracy to the point where he himself could not tell the difference.

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