In the wake of XRP’s recent price surge, Ripple has issued a strong warning about a sharp increase in scams targeting its community on YouTube and other platforms.
The company’s CEO, Brad Garlinghouse, highlighted that scammers are hijacking YouTube accounts to impersonate Ripple’s official presence and promote fraudulent XRP giveaway schemes designed to steal funds from unsuspecting users.
Like clockwork, with success and market rallies, scammers ramp up their attacks on the crypto community — PLEASE BEWARE of the latest scam targeting the XRP family on @YouTube and impersonating @Ripple’s official account! We will keep reporting these – please do the same.
— Brad Garlinghouse (@bgarlinghouse) July 23, 2025
Earlier this month, XRP rose to nearly $3.66, nearing its 2018 all-time high of $3.84. This market momentum has encouraged scammers to intensify their attempts to exploit investors. These fraudsters often take over existing YouTube accounts, rebrand them to mimic Ripple’s official channels, and post convincing videos that promise large XRP giveaways. Victims who send cryptocurrency to these accounts in hopes of receiving free tokens end up losing their funds. Some of these fake accounts have tens of thousands of subscribers, lending an appearance of legitimacy.
Ripple’s official YouTube channel, which has over 81,000 subscribers, remains a target, with impersonators even carrying out phishing attacks where original content is erased and replaced with scam material. Ripple has publicly stated that neither it nor its executives will ever ask users to send XRP tokens, urging vigilance among users.
This issue is not new. In April 2020, Ripple sued YouTube over its failure to curb such scams, accusing the platform of profiting from fake accounts promoting XRP giveaways. Although the lawsuit was dropped in March 2021 after an agreement to collaborate on combating scams, fraudulent impersonation persists, now with increased sophistication—including the use of AI-generated deepfake videos and voiceovers to deceive users more convincingly.
Scam Sniffer, a security firm, also reported similar impersonation attempts appearing in Google search adverts, using Punycode attacks to spoof official crypto websites. Ripple has condemned these tactics and is working alongside law enforcement and cybersecurity experts to monitor and report fraudulent activity.
Notably, Ripple has partnered with UAE-based VASP Ctrl Alt to digitize Dubai’s real estate sector. Ctrl Alt will use Ripple’s blockchain custody to manage tokenized property deeds from the Dubai Land Department on the XRP Ledger.
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