XRP News Update: Surge in XRP Scams Fueled by FOMO and AI Tools, Ripple Calls for Increased Caution
- RippleX warns of AI-driven scams targeting XRP holders via deepfakes and fake livestreams. - Scammers impersonate executives like Brad Garlinghouse to lure users into fraudulent giveaways. - Fraudulent activity spikes amid XRP ETF launch and regulatory milestones, exploiting FOMO. - Experts link surge to AI tool accessibility and heightened market interest in XRP. - RippleX urges vigilance, citing past legal battles and emphasizing official communication channels for verification.
Ripple's
Fraudsters are employing artificial intelligence to fabricate realistic videos that mimic Ripple leadership, including CEO Brad Garlinghouse, in an effort to entice individuals into bogus promotions. These scams typically claim to double XRP deposits or offer airdrops in return for wallet credentials or upfront token transfers. Such deceptive content is often found in the comments of legitimate posts or through impersonated accounts on sites like X and YouTube,
The uptick in fraudulent activity comes alongside a boom in XRP-related developments, such as the ETF rollout and regulatory achievements.
The ETF, operated by Canary Capital and listed under the symbol XRPC, has attracted both institutional players and scammers. On its launch day, November 13, 2025, the fund recorded $58 million in trades, while 149 million XRP were withdrawn from exchanges in anticipation of the launch
XRP holders face real dangers. Scammers have brought back old tricks from previous legal disputes, such as fake “celebratory airdrops” after court victories over the SEC. In one instance, a deepfake video falsely featuring Garlinghouse promoted a 100 million XRP giveaway, which the company quickly exposed as a fraud
As AI-enabled scams become more sophisticated, RippleX’s continued focus on official communication channels highlights the importance of user awareness. With XRP’s value experiencing volatility due to ETF-related events, the company’s repeated cautions reinforce that technological progress and regulatory gains must go hand-in-hand with strong security measures to safeguard investors from fraud.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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