XRP scams are affecting more and more people, taking advantage of the growth and high volatility of the token. From sophisticated deepfake techniques to fake giveaways, scammers are refining their methods to exploit both the enthusiasm and some typical distractions of the crypto world.
In this guide, we explain the most common attack strategies, the warning signs to watch out for, and some practical advice to protect yourself from online fraud. All starting from concrete examples of recent scams.
Why do XRP scams explode with market movements?
When XRP experiences sudden price fluctuations, investor interest rises, but the risk of scams also increases.
Recently, with the increase in volumes and value of XRP, cybercriminals have made scams even more frequent, targeting especially those hoping to make easy profits.
On social networks and compromised YouTube channels, deepfake XRP videos and old giveaway schemes appear, continuing to deceive even those who think they are well-informed.
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In recent months, numerous deepfake videos have emerged showing CEOs and well-known faces of Ripple, like Brad Garlinghouse, intent on promoting airdrops or exclusive prizes.
It’s a pity that these are videos manipulated with artificial intelligence, which falsify not only the voice and face but also the content, with clear fraudulent purposes.
A recent episode was quickly spread by hacked YouTube accounts, reaching thousands of users in a few hours and causing significant damage.
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The mechanism behind it is quite simple, but unfortunately quite effective: they ask you to send a certain amount of XRP promising a much greater return. They often use fake profiles, counterfeit logos, and even deepfake videos to create an appearance of reliability.
Never forget that no serious company ever asks you to send funds to participate in a giveaway.
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Key Signals to Identify an XRP Scam
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- Request to send XRP for alleged airdrops or exclusive prizes.
- Promises of guaranteed earnings or “unrepeatable” opportunities that seem out of the market.
- Deepfake videos or manipulations that mimic the faces of corporate leaders.
- Presence of fake social channels posing as official Ripple accounts.
- Insistent request for personal data or private keys.
Always be wary of offers that seem too good to be true: they often hide a trap.
The official recommendations of Ripple against scams
Ripple and CEO Brad Garlinghouse have repeatedly emphasized, through official channels, that they will never ask to send XRP to receive rewards or participate in initiatives.
They continuously send warnings to encourage caution and to immediately report any fraud attempts. It is always advised to follow only the verified accounts of Ripple on X (formerly Twitter) and other social media.
- Avoid unverified profiles that promise quick or easy gains.
- Always carefully check videos and news, especially if they come from unknown channels.
- Rely only on official Ripple channels to stay updated on security issues.
When fear spreads due to scams, the effects are quickly seen on the price of XRP.
In a recent wave of deepfake and fake giveaway, the market reacted with a lot of volatility: XRP plummeted by over 10% in a few hours, causing panic among less experienced investors.
It is no coincidence that in these moments of uncertainty, new investors are more reluctant to enter, and those who are beginners are easily frightened.
Immediate Actions to Protect Yourself
- Never trust “gifts” that require an upfront deposit: it is almost always a sign that something is wrong.
- Frequently check Ripple’s official sites and social media for any security communications.
- Use verification tools that help to uncover deepfakes and fake profiles (such as the [official X Ripple account](https://x.com/ripple) or fact-checking platforms).
- Never share private keys or sensitive information with anyone, especially online.
- Report immediately any suspicious attempt to the competent authorities and the official Ripple channels.
Recently, a fake live streaming circulated on YouTube with over ten thousand viewers, where a deepfake of Brad Garlinghouse promised to double every XRP sent to a specific address.
Thousands of people fell for it. In other situations, cloned Twitter profiles spread fake news about Ripple, inviting people to register on phishing sites.
These episodes show how online scams can seem realistic and insidious.
Forecasts and Future Scenarios of XRP
Despite this pressure due to deepfake fraud and fake giveaways, several analysts maintain an optimistic attitude.
Versan Aljarrah and other industry experts emphasize how the introduction of new stablecoin and the arrival of clearer and stricter regulations could truly improve security and trust towards XRP.
Recent forecasts suggest that the price of XRP could return above $3-5 in the medium term, provided that security measures and regulations are effectively implemented.
Despite the succession of attacks, the XRP community looks forward with confidence.
Projects like RLUSD, Ripple’s regulated stablecoin, have already been launched or are about to be officially launched, thanks also to the approval of the New York Department of Financial Services (NYDFS) in December 2024.
This is a great signal of Ripple’s growth and maturity in the world of global finance. Naturally, the best defense remains correct information and the prevention of deepfake scams: being aware is the first step to protect oneself.