Ripple Issues Alert on Expanding XRP Fraud With Impersonation Schemes Rising

Ripple, the company behind XRP Ledger and XRP token, has warned investors and holders of growing fraudulent activities surrounding XRP. Ripple has issued a strong warning on its official X page, urging investors to stay vigilant against impersonation schemes that appear sophisticated and credible.

We saw a big surge in fake "Live" YouTube videos during and after Swell.🚫

Reminder: @Ripple will NEVER ask you to send us XRP. Stay vigilant! https://t.co/uPOSNqDso6

— Ripple (@Ripple) November 14, 2025

Ripple posted on X that they had seen a big surge in fake “Live” YouTube videos during and after Swell. They reminded that Ripple would never ask anyone to send them XRP and urged everyone to stay vigilant. 

They posted the warning after spotting a pattern of deceptive activity linked to the Ripple Swell event held on November 6 and 7 in New York City, broadcast through an official livestream. The Ripple Swell event was one of the major events of the year, and industry leaders in crypto payments, banking, and policy were all present at the event. The major topic of discussion in the event was how financial institutions and businesses alike are using crypto and blockchain technology to move and grow. 

After the event, scammers spotted the opportunity and used Ripple’s livestreaming strategy to create fake “Live” YouTube videos to promote and offer fake XRP giveaways. Ripple warned XRP holders by citing its July alert, which noted XRP scams on YouTube and scammers’ activities of stealing accounts and updating the page to impersonate Ripple’s official account.

Ripple’s tweet in July stated that they had noticed an uptick in XRP scams on YouTube. They mentioned that scammers were stealing accounts and then updating the page to impersonate Ripple’s official account. They reminded that Ripple or their executives would never ask anyone to send them XRP. 

🚨PSA: We’ve noticed an uptick of XRP scams on @YouTube – scammers are stealing accounts and then updating the page to impersonate Ripple’s official account (username: @Ripple). Reminder: Ripple or our execs will NEVER ask you to send us XRP.

Our official accounts are listed…

— Ripple (@Ripple) July 23, 2025

According to the latest reports, fraudsters are increasingly using Ripple’s executives’ fake videos and AI-generated content to promote fake XRP giveaways. Ripple CEO Brad Garlinghouse’s deepfake videos were maliciously used to propagate fake investment schemes. These kinds of schemes and these types of scams are not something new in the crypto sector. Ripple previously faced similar scams, especially during its long-standing legal battle with the U.S. Securities and Exchange Commission. Empowering themselves and taking necessary precautions are the only things token holders can do. 

Why Ripple’s Scam Alert Matters?

According to Ripple, crypto scams have become more sophisticated, driven by cutting-edge technology. Ripple has been actively warning the community members of the potential scams and fraudulent activities; despite the prevention, scammers managed to outrun Ripple and have always found a way to break into their network. Ripple’s recent warnings are aimed at investor protection; XRP’s traction is at another level due to the recent XRP spot ETF launches and market optimism.

XRP’s current institutional interest and legal clarity are the major factors that attract scammers, and as far as Ripple is concerned, the impersonation schemes are nothing but a threat to the credibility of Ripple and the broader ecosystem.

XRP holders need to be extra vigilant because Ripple is claiming that sophisticated scams are on the rise and people will find it difficult to distinguish between the original and fake schemes. Scammers are now using deepfake videos to create fake programs such as giveaways and livestreams. These scams are highly convincing, so users need to pay extra attention while engaged in the crypto sector and try to report suspicious content as soon as they spot it.