?? DESCRIPTION

Ripple CTO warns of rising CEO deepfake scams targeting XRP users, as altcoins to watch face growing fraud risks. Scammers use fake videos and social accounts to mimic executives, pushing fake giveaways. Ripple says it never asks for funds or runs paid promotions. The company also stressed it has no official Telegram support channels. Users are urged to check all messages through trusted sources before sending XRP. With market activity rising, maintaining a strong support level for user security is critical.

• Impersonation scams surge as fake Ripple accounts exploit unsuspecting crypto users
• Deepfake videos and fake giveaways increase risks across XRP community globally
• Ripple warns users to avoid sending funds to fraudulent accounts

Impersonation scams targeting the XRP ecosystem have intensified significantly, raising serious concerns across the broader crypto community as fraudulent actors continue to exploit trust. These schemes increasingly involve fake social media profiles that convincingly mimic well-known executives, thereby creating a false sense of legitimacy among unsuspecting users. Consequently, many individuals now face heightened risks as scammers refine their tactics through deepfakes, manipulated content, and misleading promotional campaigns.

According to David Schwartz, these deceptive operations continue to spread despite repeated warnings issued over the years, highlighting how persistent and adaptive such threats have become. He recently pointed to a specific case involving a fraudulent Instagram account impersonating Brad Garlinghouse, where the scammers falsely promoted an XRP giveaway to lure victims. Notably, the account instructed users to send a certain amount of XRP with the promise of receiving a larger return, which is a common tactic used in crypto fraud.

Moreover, Schwartz referred to an earlier incident dating back to 2019, demonstrating that this pattern of deception has remained consistent while evolving in sophistication. In that instance, a user reported receiving a nearly identical message promising to multiply deposited XRP, only to realize later that the offer was entirely fraudulent. Therefore, these repeated cases illustrate how scammers rely on predictable psychological triggers such as urgency, perceived authority, and financial temptation to manipulate victims effectively.

Also Read: Monad (MON) Price Prediction 2026–2030: Can MON Hit $0.040 Soon?

Evolving Scam Strategies Push Ripple to Reinforce Security Warnings

Ripple has continued to respond with firm and consistent advisories aimed at protecting its user base, emphasizing that it never asks individuals to send XRP under any circumstances. Additionally, the company has made it clear that it does not conduct giveaways requiring upfront payments, which directly contradicts the claims made by impersonation accounts.

Furthermore, Ripple clarified that it does not maintain any official Telegram support channel, meaning that any account presenting itself as such should immediately be treated as suspicious. Consequently, users are encouraged to verify all communications through trusted and official channels before engaging in any transaction or sharing sensitive information.

Rising Crypto Adoption Expands Target Pool for Scammers

At the same time, Ripple stressed that its executives and representatives do not initiate unsolicited contact with users for support or investment opportunities, nor do they request personal credentials or wallet access under any circumstances. Meanwhile, scammers continue to improve their methods by replicating branding elements, communication styles, and even deploying deepfake videos that closely resemble real individuals.

As crypto adoption expands globally, these impersonation schemes are likely to become more widespread, targeting both new and experienced participants within the ecosystem who may not fully recognize evolving scam patterns. Hence, maintaining awareness and exercising caution remains essential in preventing financial losses and protecting digital assets.

The rise in impersonation scams involving Ripple executives underscores the growing sophistication of crypto-related fraud and the importance of constant vigilance. While Ripple continues to issue clear warnings and guidance, users must remain proactive in verifying information and avoiding suspicious offers.

Also Read: Ripple CTO Slams NYT Reporter Over Explosive Satoshi Identity Claim Drama Today

The post Ripple CEO Deepfake Scams Surge as CTO Issues Urgent Warning appeared first on 36Crypto.