{"id":76995,"date":"2025-07-23T20:49:15","date_gmt":"2025-07-23T20:49:15","guid":{"rendered":"https:\/\/freakcryptos.com\/index.php\/2025\/07\/23\/ripple-ceo-brad-garlinghouse-raises-alarm-over-rising-xrp-scams\/"},"modified":"2025-07-23T20:49:16","modified_gmt":"2025-07-23T20:49:16","slug":"ripple-ceo-brad-garlinghouse-raises-alarm-over-rising-xrp-scams","status":"publish","type":"post","link":"https:\/\/freakcryptos.com\/index.php\/2025\/07\/23\/ripple-ceo-brad-garlinghouse-raises-alarm-over-rising-xrp-scams\/","title":{"rendered":"Ripple CEO Brad Garlinghouse Raises Alarm Over Rising XRP Scams"},"content":{"rendered":"


\n<\/p>\n

\n

Ripple and its CEO, Brad Garlinghouse, have issued a public advisory to tell buyers of a surge in XRP scams. The surge in XRP funding scams comes on the heels of rising costs with the asset rallying to set a brand new all-time excessive.<\/p>\n

Brad Garlinghouse Warns Of Fake XRP Investment Scams<\/h2>\n

According to an X post<\/a>, Brad Garlinghouse has urged XRP buyers to be vigilant as scamming spree sweeps throughout the ecosystem. The CEO famous that the most recent rip-off includes the impersonation of the official Ripple accounts on video streaming platform YouTube.<\/p>\n

In his submit, Garlinghouse famous that the scams are a spillover impact of Ripple\u2019s regulatory success and XRP\u2019s worth surge. Last week, XRP reached a new ATH<\/a> amid predictions of an prolonged rally to double-digits. Apart from hovering costs, on-chain exercise has ballooned on the XRP Ledger, attracting hordes of scammers to the ecosystem.<\/p>\n

Brad Garlinghouse\u2019s feedback observe a earlier public service announcement by Ripple on X, warning that the agency\u2019s executives is not going to request buyers to ship XRP. Per the advisory, the scammers usually rope in victims by providing XRP giveaways in trade for an preliminary deposit by buyers.<\/p>\n

Furthermore, the scammers are leveraging deepfake movies of Ripple executives to cloak their illicit actions. Previously, Ripple CTO David Schwartz exposed a deepfake video<\/a> of Brad Garlinghouse claiming to supply an XRP airdrop to buyers<\/p>\n

\n

\u201cWe\u2019ve noticed an uptick of XRP scams on YouTube,\u201d learn the warning. \u201cScammers are stealing accounts and then updating the page to impersonate Ripple\u2019s official account.\u201d<\/p>\n<\/blockquote>\n

Brad Garlinghouse urged customers to maintain reporting accounts providing pretend XRP funding provides. Meanwhile, Ripple isn’t any stranger to scamming sprees, with the ecosystem inundated with a barrage of faux funding schemes after its 2023 partial victory in opposition to the US SEC.<\/p>\n

Outside of scammers, Ripple is dealing with appreciable headwinds with the American Bankers Association posing the most recent stumbling block. Pro-XRP lawyer John Deaton condemned ABA\u2019s decision<\/a> to induce regulators to disclaim Ripple\u2019s push for banking licenses.<\/p>\n

\n
\n

\u2713 Share:<\/p>\n

<\/a><\/p>\n

\n
\n \"coingape\"\"coingape\"
\n <\/a>\n <\/div>\n<\/p><\/div>\n<\/p><\/div>\n

<\/p>\n

\n
\n
\n \"\"\"\" <\/div>\n

Aliyu Pokima <\/p>\n<\/p><\/div>\n

Aliyu Pokima is a seasoned cryptocurrency and rising applied sciences journalist with a knack for overlaying needle-moving tales within the house. Aliyu delivers breaking information tales, regulatory updates, and insightful evaluation with depth and precision. When he isn’t poring over charts or following leads, Aliyu enjoys taking part in the bass guitar, lifting weights and operating marathons.<\/p>\n<\/p><\/div>\n

<\/p>\n

\n
Why belief CoinGape:<\/span> CoinGape has coated the cryptocurrency business since 2017, aiming to offer informative insights to our readers. Our journalists and analysts deliver years of expertise in market evaluation and blockchain expertise to make sure factual accuracy and balanced reporting.\u00a0By following our\u00a0Editorial Policy<\/a>, our writers confirm each supply, fact-check every story, depend on respected sources, and attribute quotes and media accurately. We additionally observe a rigorous\u00a0Review Methodology<\/a>\u00a0when evaluating exchanges and instruments. From rising blockchain initiatives and coin launches to business occasions and technical developments, we cowl all aspects of the digital asset house with unwavering dedication to well timed, related info.\n <\/div>\n

Investment disclaimer:<\/span> The content material displays the writer\u2019s private views and present market situations. Please conduct your personal analysis earlier than investing in cryptocurrencies, as neither the writer nor the publication is accountable for any monetary losses.<\/p>\n

Ad Disclosure:<\/span> This web site might function sponsored content material and affiliate hyperlinks. All commercials are clearly labeled, and advert companions haven’t any affect over our editorial content material.\n <\/p>\n<\/p><\/div>\n

<\/p><\/div>\n


\n
Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Ripple and its CEO, Brad Garlinghouse, have issued a public advisory to tell buyers of a surge in XRP scams. The surge in XRP funding scams comes on the heels of rising costs with the asset rallying to set a brand new all-time excessive. Brad Garlinghouse Warns Of Fake XRP Investment Scams According to an […]<\/p>\n","protected":false},"author":1,"featured_media":70799,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[704,6793,44,6794,429,223,1076,1729,676],"class_list":{"0":"post-76995","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-altcoin","8":"tag-alarm","9":"tag-brad","10":"tag-ceo","11":"tag-garlinghouse","12":"tag-raises","13":"tag-ripple","14":"tag-rising","15":"tag-scams","16":"tag-xrp"},"_links":{"self":[{"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/posts\/76995","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/comments?post=76995"}],"version-history":[{"count":1,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/posts\/76995\/revisions"}],"predecessor-version":[{"id":76996,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/posts\/76995\/revisions\/76996"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/media\/70799"}],"wp:attachment":[{"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/media?parent=76995"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/categories?post=76995"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/tags?post=76995"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}