Ripple CEO Brad Garlinghouse has warned about an uptick in XRP scams on video-hosting giant YouTube.
The uptick has obviously coincided with the token’s recent headline-grabbing price rally.
Scammers tend to steal accounts and update pages in order to impersonate Ripple executives while using AI to appear more authentic.
Bad actors typically organize XRP giveaways in order to steal holders’ crypto.
“We will keep reporting these – please do the same. As always, if it sounds too good to be true, it probably is,” Garlinghouse stressed.