The post Ripple CEO Warns XRP Investors of Rising Deepfake Scam Threats appeared first on Coinpedia Fintech News
Ripple CEO Brad Garlinghouse has warned XRP investors about a surge in scams exploiting the cryptocurrency’s all-time high. Fraudsters are using deepfake videos of Ripple executives and fake YouTube accounts to promote fraudulent XRP giveaways, deceiving victims into sending XRP with no returns. Ripple urges users to beware and report suspicious content, emphasizing that no executive will ever request XRP. This scam wave follows XRP’s rally and increased on-chain activity amid ongoing regulatory challenges.