What to Know:
- Ripple issued a warning about increasing scams targeting XRP investors, urging vigilance.
- The rise in scams may be linked to the recent Swell conference and the launch of the first spot XRP ETF in the US.
- Investors should remain cautious and aware of fraudulent schemes promising unrealistic returns.
The team behind XRP has issued a warning regarding a surge in scams targeting investors, highlighting the importance of vigilance in the digital asset space. This alert follows the conclusion of the annual Swell conference and the launch of the first spot XRP ETF in the United States, events that may have attracted increased malicious activity. Investors should exercise caution and verify the legitimacy of any offers or promotions related to XRP.
The warning referenced a growing number of fake “live” YouTube videos during and after the Swell conference. Ripple emphasized that they will never ask users to send them XRP, urging the community to remain vigilant against such fraudulent schemes. This proactive communication aims to protect investors from falling victim to scams promising unrealistic returns.
We saw a big surge in fake “Live” YouTube videos during and after Swell.🚨
Reminder: @Ripple will NEVER ask you to send us XRP. Stay vigilant! https://t.co/uPOSNqDso6
— Ripple (@Ripple) November 14, 2025
The launch of Canary Capital’s XRPC, the first US-based spot XRP ETF, could also be contributing to the rise in scam attempts. The ETF experienced significant trading volume and net inflows on its launch day, indicating strong investor interest. This heightened attention may have created opportunities for bad actors looking to exploit unsuspecting individuals.
With the anticipation surrounding a spot XRP ETF, especially after the introduction of Bitcoin and Ethereum ETFs, it is crucial for investors to remain cautious. The increased interest in XRP, combined with regulatory developments, may attract malicious actors seeking to capitalize on the excitement. Staying informed and verifying information through official channels are essential steps in safeguarding investments.
In conclusion, Ripple’s warning serves as a timely reminder of the importance of due diligence and caution in the cryptocurrency market. As the digital asset landscape evolves, investors must remain vigilant against scams and fraudulent schemes, protecting their investments and contributing to a safer ecosystem.
Source: Original article
