Ripple alerts users about a rise in deepfake scams impersonating its executives, emphasizing that the company will never ask for XRP transfers.
Ripple has issued an urgent warning regarding a rise in deepfake scams on YouTube, where scammers impersonate the company and its CEO Brad Garlinghouse. These scams involve fraudulent livestreams using altered footage to promote fake XRP giveaways, exploiting the bullish sentiment around XRP's recent price surge. Garlinghouse reiterated that Ripple will never ask users to send cryptocurrency and urged vigilance against such scams.