Ripple Issues Fresh Critical Warning to XRP Holders
Main Idea
Ripple has issued a warning about scammers hijacking YouTube channels to impersonate its official account and defraud XRP holders, emphasizing that it never asks users to send XRP.
Key Points
1. Scammers are hijacking YouTube channels and modifying them to resemble Ripple’s official account (@Ripple) to deceive XRP holders.
2. Ripple reiterated that neither the company nor its executives will ever ask users to send XRP to any wallet under any circumstances.
3. The XRP community has called for legal action against YouTube, citing previous instances of similar scams and inadequate platform enforcement.
4. Ripple CEO Brad Garlinghouse has expressed frustration with YouTube and X for allowing deepfake scam videos to circulate.
5. The rise in scam activity may indicate growing recognition of XRP, as noted by some community members.
Description
Ripple has issued a new public alert concerning the rise in YouTube-based scams involving the unauthorized use of its brand and impersonation of its official account. In a post published on its verified X profile, the company disclosed that scammers have been increasingly hijacking existing YouTube channels and modifying them to resemble Ripple’s official presence on the platform. These fraudulent accounts are then used to post misleading content, with the apparent aim of defrauding XRP holders....
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