Ripple Warns of Possible XRP Giveaway Scams via YouTube Account Impersonations Amid Market Rally
The post Ripple Warns of Possible XRP Giveaway Scams via YouTube Account Impersonations Amid Market Rally appeared on BitcoinEthereumNews.com.
Ripple alerts the crypto community about a surge in scams involving stolen YouTube accounts impersonating the company to promote fraudulent XRP giveaways. These deceptive tactics coincide with the recent market rally, as scammers exploit increased investor interest to amplify their attacks. According to Ripple CEO Brad Garlinghouse, “If it sounds too good to be true, it probably is,” urging users to remain vigilant against such impersonation schemes. Ripple warns of YouTube account hacks used for XRP giveaway scams amid a crypto market rally, urging caution as losses hit record highs. ‘, ‘ 🚀 Advanced Trading Tools Await You!Maximize your potential. Join now and start trading! ‘, ‘ 📈 Professional Trading PlatformLeverage advanced tools and a wide range of coins to boost your investments. Sign up now! ‘ ]; var adplace = document.getElementById(“ads-bitget”); if (adplace) { var sessperindex = parseInt(sessionStorage.getItem(“adsindexBitget”)); var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBitget.length) : sessperindex; adplace.innerHTML = adscodesBitget[adsindex]; sessperindex = adsindex === adscodesBitget.length – 1 ? 0 : adsindex + 1; sessionStorage.setItem(“adsindexBitget”, sessperindex); } })(); Escalating YouTube Account Hijackings Targeting XRP Investors In light of the recent crypto market upswing, Ripple has identified a disturbing trend where malicious actors are hacking YouTube accounts to impersonate Ripple’s official presence. These compromised accounts are then used to promote fake XRP giveaways, misleading unsuspecting investors into sending funds to scammers. Ripple’s official channels have emphasized that neither the company nor its executives will ever request XRP transfers as part of any promotion or giveaway. This tactic not only undermines investor trust but also leverages the credibility of established channels with substantial subscriber bases, making the scams appear highly convincing. For instance, one scam account with over 176,000 subscribers recently advertised a fraudulent 100 million XRP giveaway, falsely claiming sponsorship by Ripple. The official Ripple YouTube channel, by contrast, maintains…
