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Ripple Shares Crucial Warning to XRP Holders After Swell
$XRP Following the success of its Swell conference, Ripple has issued an important reminder to the XRP community on X.
The Ripple Swell conference, held earlier this month, was a major success, drawing leading financial stakeholders from around the world. During the event, several significant developments were unveiled, including a landmark $500 million funding deal involving major institutions such as Pantera Capital, Brevan Howard, Fortress Investment Group, and Marshall Wace, pushing the company’s valuation to $40 billion.
👉Ripple Warns About Growing Scam Targeting XRP Holders
However, even as Ripple hosted one of the most influential events in the crypto sector, scammers were simultaneously active behind the scenes, attempting to exploit unsuspecting investors. Ripple confirmed that it detected this malicious activity during and after the Swell event.
Specifically, the company emphasized that it had seen numerous fake YouTube live streams during and after Ripple Swell. It is common knowledge that scammers often take advantage of big events or developments involving Ripple.
During these periods, scammers typically set up fake livestreams that impersonate Ripple executives or showcase fabricated company announcements. These streams often promote fraudulent giveaways, including “doubling” schemes that instruct users to send XRP to a specified address with the false promise of receiving twice the amount in return.
This malicious activity has surfaced during several major moments in Ripple’s history, including when the company secured its partial court victory against the U.S. SEC. Ripple continues to stress that all XRP “giveaways” are scams, urging its community not to fall victim to such schemes.
👉Latest Warning
In its latest notice, Ripple reiterated that it will never ask users to send XRP—whether for giveaways, promotions, or special events, such as the Swell conference.
Ripple has consistently issued similar warnings on its official X account, and several of its executives have publicly denounced these fabricated giveaway schemes as outright scams. In July, the company warned users about a surge in fake YouTube livestreams impersonating Ripple leaders, which urged viewers to join supposed giveaways by first sending XRP to a specified address.
Earlier this month, RippleX, the company’s arm focused on XRPL developments, also warned about deepfake scams targeting unsuspecting community members. The message is clear: any livestream impersonating Ripple executives and soliciting participation in a giveaway should be immediately recognized as fraudulent.
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The Ripple Swell conference, held earlier this month, was a major success, drawing leading financial stakeholders from around the world. During the event, several significant developments were unveiled, including a landmark $500 million funding deal involving major institutions such as Pantera Capital, Brevan Howard, Fortress Investment Group, and Marshall Wace, pushing the company’s valuation to $40 billion.
👉Ripple Warns About Growing Scam Targeting XRP Holders
However, even as Ripple hosted one of the most influential events in the crypto sector, scammers were simultaneously active behind the scenes, attempting to exploit unsuspecting investors. Ripple confirmed that it detected this malicious activity during and after the Swell event.
Specifically, the company emphasized that it had seen numerous fake YouTube live streams during and after Ripple Swell. It is common knowledge that scammers often take advantage of big events or developments involving Ripple.
During these periods, scammers typically set up fake livestreams that impersonate Ripple executives or showcase fabricated company announcements. These streams often promote fraudulent giveaways, including “doubling” schemes that instruct users to send XRP to a specified address with the false promise of receiving twice the amount in return.
This malicious activity has surfaced during several major moments in Ripple’s history, including when the company secured its partial court victory against the U.S. SEC. Ripple continues to stress that all XRP “giveaways” are scams, urging its community not to fall victim to such schemes.
👉Latest Warning
In its latest notice, Ripple reiterated that it will never ask users to send XRP—whether for giveaways, promotions, or special events, such as the Swell conference.
Ripple has consistently issued similar warnings on its official X account, and several of its executives have publicly denounced these fabricated giveaway schemes as outright scams. In July, the company warned users about a surge in fake YouTube livestreams impersonating Ripple leaders, which urged viewers to join supposed giveaways by first sending XRP to a specified address.
Earlier this month, RippleX, the company’s arm focused on XRPL developments, also warned about deepfake scams targeting unsuspecting community members. The message is clear: any livestream impersonating Ripple executives and soliciting participation in a giveaway should be immediately recognized as fraudulent.
🚀🚀🚀 FOLLOW BE_MASTER BUY_SMART 💰💰💰
Appreciate the work. 😍 Thank You. 👍 FOLLOW BeMaster BuySmart 🚀 TO FIND OUT MORE $$$$$ 🤩 BE MASTER BUY SMART 💰🤩
🚀🚀🚀 PLEASE CLICK FOLLOW BE MASTER BUY SMART - Thank You.
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