#CryptoScamSurge

Ripple warns that malicious actors are stealing YouTube accounts and using them to impersonate the company in order to promote their scams, including fake "XRP giveaways."

Fraudsters and scammers are taking advantage of the recent tailwind in crypto to ramp up their attacks against the crypto community, warns Ripple CEO, Brad Garlinghouse.

Garlinghouse stated in a statement released on X Wednesday that the broader market recovery has prompted scammers to impersonate Ripple's official YouTube account and potentially defraud users.