Ripple CEO Warns of Rising XRP Scams on YouTube Amid Price Surge

Ripple CEO Brad Garlinghouse has issued a warning about a growing wave of XRP-related scams circulating on YouTube, coinciding with the token’s recent price rally. The scams typically involve hacked accounts impersonating Ripple executives and promoting fake XRP giveaways to lure unsuspecting investors.

Garlinghouse highlighted that scammers are increasingly leveraging artificial intelligence to create more convincing impersonations, including mimicking the voices of Ripple leaders. “We will keep reporting these – please do the same. As always, if it sounds too good to be true, it probably is,” he urged in a recent statement.

This is not the first time Ripple has confronted the video platform over crypto fraud. In 2020, the company sued YouTube for failing to curb “XRP giveaway” scams but dropped the lawsuit the following year. Despite this, Ripple continues to raise concerns as AI-driven scams become harder to detect and more pervasive.

The renewed warning comes amid XRP’s volatile market activity, which often attracts fraudsters seeking to exploit investor enthusiasm. As XRP gains mainstream attention, security experts advise users to verify official channels, avoid clicking on suspicious links, and report fraudulent accounts promptly.

Crypto scams remain a widespread issue across social platforms, with bad actors capitalizing on hype cycles in major digital assets like XRP and Bitcoin. With AI tools making fraudulent content more realistic, vigilance from both platforms and investors is increasingly critical to safeguarding funds and trust in the crypto ecosystem.

By optimizing awareness and strengthening reporting mechanisms, Ripple aims to protect its community as it navigates heightened interest in digital assets and ongoing price movements.