Ripple has raised an urgent alert within the XRP community as the number of impersonation scams targeting investors has surged, particularly during key events such as Ripple Swell. The company has reported a rise in fraudulent activities that capitalize on the excitement around XRP, using fake livestreams, deepfake videos, and phishing websites designed to resemble official communications from Ripple.
The warning comes after the Ripple Swell event, a significant annual gathering that attracts leading figures in the cryptocurrency and finance sectors. In the wake of the event held on November 4 and 5, scammers exploited this high-profile platform by broadcasting counterfeit “live” videos on YouTube. These fraudulent videos often included manipulated clips of Ripple executives or deepfake technology to falsely portray legitimacy. Viewers were directed to deceptive websites that displayed public wallet addresses, soliciting XRP transfers under misleading promises of giveaways and quick investment returns.
Ripple has emphasized that it will never solicit XRP from users, urging vigilance among its community. The company took to social media to remind users of the need to verify the authenticity of any communications related to XRP, especially regarding unsolicited links or unfamiliar sources. Ripple recounted an incident from July where scammers hijacked legitimate YouTube accounts to masquerade as Ripple’s verified presence.
The increase in scams correlates with XRP’s recent momentum, which has been bolstered by developments surrounding exchange-traded funds (ETFs) and growing institutional adoption. Following a ruling in August 2025 that reclassified XRP as a commodity by the SEC, attention on the token intensified, paving the way for spot XRP ETFs. Notably, firms like Evernorth have begun utilizing XRP in treasury operations, further raising its profile in the market.
To combat the rise in digital fraud, Ripple has aligned itself with several industry partnerships aimed at enhancing security and fraud prevention. In August 2025, Ripple joined the TRM Labs’ Beacon Network, fostering real-time intelligence sharing to combat crypto-related crimes. Additionally, the firm became a member of the DeRec Alliance in May 2024, focusing on improving digital asset recovery processes.
Experts suggest that the spike in scams reflects the increased attractiveness of XRP due to its growing presence in the financial landscape. With criminals employing sophisticated methods—including deepfake technology and hijacked social media accounts—investors are urged to remain cautious and treat unwarranted communications with suspicion.
