Ripple a leading enterprise blockchain company, today has issued a warning to XRP investors because crypto fraud increases. Fraudsters are becoming more and more sophisticated and are now also using AI. They use the popularity of XRP, for example, to fake giveaways from managers such as Ripple CEO Brad Garlinghouse.
According to Onchain analyzes, over $ 25 million was lost in April. Ripple says that neither the company nor its managers will ever ask investors to send XRP for rewards. Be careful, because fraudsters use verified X accounts and AI generated content to deceive them.
Fraudsters target XRP owners with fake Airdrop programs that use verified X accounts with GoldTick to appear legitimate. These accounts that sometimes bear the name “Ripple News”, although they have nothing to do with ripple, advertise false giveaways that promise double XRP returns. As CNF reported, this kind is often shown by AI generated videos by Brad Garlinghouse in order to make them look real.
PSA: Uptick in the crypto market = uptick in scams: https://t.co/k7CQpDNWaT
1⃣ @Ripple will NEVER ask you to send XRP
2⃣ Brad, Monica, David, Stu, or anyone from Ripple won’t either
3⃣ Avoid clicking suspicious links
4⃣ Always verify official accounts before engagingStay…
— Ripple (@Ripple) May 19, 2025
These fake contributions that are displayed as advertising contain bot-generated comments with fake XRP money exchanges to attract victims. Some accounts had almost 100,000 followers before they were blocked, the success of this fraud stitch is great. Ripple advises to verify information only via official channels such as its own website or verified social media profiles.
Die XRP-Community Has reported these fraud and have the accounts locked. But the videos stay online for hours, long enough to catch unsuspecting investors. CNF has already reported how fraudsters use the agreement in the legal dispute between the Sec and Ripple to make fake airdrop announcements and to use the market hype to use XRP futures and ETFs.
AI makes crypto fraud attempts more convincing and more difficult for users and platforms. The former CEO of Binance, Changpeng Zhao, recently revealed that his voice was cloned with almost perfect accuracy. Fraudsters use Deeppaches and software to clone voices with fake websites to steal funds and registration data.
In April, phishing campaigns were deducted $ 25.4 million from crypto users over X, YouTube and Telegram. As CNF reported, an investor lost $ 46 million in October 2024 through a Deepfake fraud, and in the first quarter of 2025 $ 200 million were stolen by similar tactics.
The warning of Ripple coincides with industry-wide warnings, including FBI consultations from 2024 about AI-controlled fraud, which aims at finance experts. Centralized stock exchanges also send out security warnings and call on customers to activate the two factor authorization and report suspicious messages immediately.
Ripple has sketched clear steps for XRP owners to avoid being cheated. They said that in official messages they are never asked to send XRP or click on suspicious links. Use trustworthy wallets such as Ledger, Trust Wallet, Xaman, Atomic or Gatehub and never pass on your private keys or seed phrases.
Phishing frauds Imitating the branding of ripple in emails or direct messages and tempt you to click on malignant links that empty your wallet. Another common dizziness is the “Fake Us Treasury Wallet”, which claims that the US Ministry of Finance has XRP. Verified X-Influencer spread this narrative. According to the community reports, more than 10,000 users fell for this fraud in 2024.
Die XRP-Communityincluding accounts such as All Things XRP, advises the owners to take eight in front of Fomo traps such as “limited offers” in eight fraudsters. B. 10 XRP for the wallet activation, although only 1 XRP is required. Ripple recommends checking claims with credible sources and To the official XRPL website to keep.
Further messages: The US Justice Ministry is investigating a security violation at Coinbase, in which employees were bribed and a ransom of $ 20 million was requested. This is another example of the weaknesses in the crypto area, in which hacks and frauds provided $ 3.01 billion in 2024, of which according to CNF $ 1.34 billion from North Korean hackers. The warning of Ripple is a timely reminder for XRP owners to be careful because the market heats up and the scams are becoming more and more sophisticated.
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