XRP News Today: Ripple CEO Warns of YouTube Scams Targeting XRP Community Amid Price Surge

Ripple CEO Brad Garlinghouse has issued a public warning about YouTube scammers impersonating the company’s official channel to target the XRP community, particularly as the cryptocurrency experiences a surge in price momentum [1]. Fraudulent accounts, some with subscriber counts exceeding Ripple’s authentic channel (81,900), are promoting a counterfeit 100 million XRP reward event to deceive users into sharing personal information or sending funds [1]. Garlinghouse highlighted the correlation between XRP’s recent market performance and the escalation of scam attempts, noting that “with success and market rallies, scammers ramp up their attacks on the crypto community” [1].

The scams leverage Ripple’s branding, including logos and AI-generated videos, to create a false sense of legitimacy. Community members like Xtina George have actively raised awareness on social media, urging platforms like YouTube to enhance monitoring [1]. Ripple has reiterated that it will never request XRP transfers from users, emphasizing that such demands are exclusive to fraudulent actors. This is not the first time the company has faced such issues; in 2020, Ripple filed a lawsuit against YouTube for failing to address impersonation scams, which was settled confidentially in 2021 [1]. Despite this, the persistence of scams underscores ongoing enforcement challenges.

XRP’s price trajectory has amplified the risk. After hitting record highs earlier in July 2025, the token recently corrected to approximately $3.0, following an 11.54% drop in a 24-hour period, as reported by COINOTAG [1]. Price volatility often attracts malicious actors who exploit heightened market interest. The timing of these scams aligns with XRP’s rally, creating an environment where scammers capitalize on investor enthusiasm. Garlinghouse has called for stronger collaboration between social platforms and crypto security experts to mitigate threats, advocating for proactive measures to counter evolving tactics such as AI-generated content [1].

Community vigilance remains critical. Ripple’s leadership urges users to report suspicious activity and adopt enhanced security practices. While technological advancements like AI complicate detection efforts, they also present opportunities for improved fraud prevention tools. Garlinghouse’s warnings reflect a broader concern within the crypto industry about the intersection of market activity and security vulnerabilities. As XRP continues to gain traction, the company’s emphasis on education and platform accountability will be key to protecting users and maintaining trust [1].

The resurgence of YouTube scams targeting the XRP community underscores the persistent risks in the crypto ecosystem. Ripple’s proactive stance, combined with industry-wide cooperation, will be essential in addressing these threats. Continued price momentum, however, is likely to keep scammers active, making vigilance a top priority for both users and platforms.

Source: [1] [Ripple CEO Warns of Possible YouTube Scams Targeting XRP Community Amid Price Momentum July 24, 2025] [https://en.coinotag.com/ripple-ceo-warns-of-possible-youtube-scams-targeting-xrp-community-amid-price-momentum/]