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Ripple has issued urgent warnings to
traders amid a surge in sophisticated scams on YouTube, where hijacked channels are being rebranded to mimic the company’s official profile. Scammers have compromised legitimate accounts and altered branding to replicate Ripple’s verified channel, “@Ripple,” to promote fraudulent schemes and misleading content. These operations often involve impersonating executives, including CEO Brad Garlinghouse and CTO David Schwartz, to solicit XRP from unsuspecting users [1]. The company reiterated that or its executives will never request digital assets to be sent to unknown addresses, urging investors to verify all communications through official channels [1].The modus operandi of these scams typically involves hijacking existing YouTube accounts via compromised credentials and rebranding them to mirror Ripple’s official handle. Scammers create a false sense of legitimacy by mimicking verified branding and usernames, then push fake XRP giveaways, investment schemes, and other fraudulent initiatives [1]. The tactics have escalated in sophistication, with reports of AI-enhanced deepfake content blurring the line between authentic and malicious activity [2]. Garlinghouse explicitly warned of this trend on July 22, 2025, highlighting the surge in AI-generated scams impersonating Ripple’s leadership [2].
Ripple’s leadership has emphasized verifying information through official sources, such as the company’s verified X account and website. Both Garlinghouse and Schwartz clarified that Ripple executives do not engage in promotional activities on platforms like Instagram or YouTube, advising users to treat such claims with skepticism [3]. The company also urged users to avoid unverified accounts falsely claiming affiliation with Ripple or its executives [3].
The rise of AI-driven impersonation scams underscores broader risks in the cryptocurrency sector, where bad actors exploit technological advancements to deceive investors. Ripple’s warnings align with industry efforts to combat misinformation, as platforms like Binance have reported similar concerns about fake XRP giveaway schemes [4]. The company previously sued YouTube in 2020 over inadequate responses to XRP scams involving Garlinghouse’s deepfake impersonation, though the case concluded with a settlement [1].
The surge in scams coincides with XRP’s recent rally, driven by regulatory clarity post-SEC litigation and anticipation of XRP ETF approvals. Institutional adoption for cross-border payments and a bullish crypto market have further fueled the token’s momentum [1]. However, the growing sophistication of scams highlights the need for heightened user vigilance, as victims may struggle to distinguish authentic content from fraudulent schemes [4].
Ripple’s proactive stance reflects the increasing complexity of cyber threats in the crypto space. As AI tools become more accessible, attackers are leveraging them to create convincing impersonations, eroding trust in digital assets. The company’s repeated warnings underscore the importance of adhering to verified communication channels and exercising caution in an environment where misinformation spreads rapidly.
Sources:
[1] [Ripple Warns XRP Traders as Hijacked Youtube Channels Mimic Official Accounts](https://news.
.com/ripple-warns-xrp-traders-as-hijacked-youtube-channels-mimic-official-accounts/)[2] [Ripple CEO Warns XRP Holders as Deepfake Scams Surge on YouTube](https://www.ainvest.com/news/xrp-news-today-ripple-ceo-warns-xrp-holders-deepfake-scams-surge-youtube-2507/)
[3] [Ripple CTO Warns XRP Holders. Here's Why](https://timestabloid.com/ripple-cto-warns-xrp-holders-heres-why/)
[4] [Latest CryptoScamSurge News](https://www.binance.com/en/square/hashtag/CryptoScamSurge)

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