Ripple CEO Sounds Alarm on XRP Scams as Price Soars to Record High

XRP just smashed its all-time high—and the sharks are circling.

Ripple's CEO Brad Garlinghouse fired off warnings as opportunistic scams surge alongside the token's meteoric rise. The timing couldn't be more perfect—or more dangerous for crypto newbies chasing hype.

Anatomy of a Pump-and-Prey Scheme

Fraudsters are weaponizing FOMO with fake giveaways, phishing sites, and 'support' accounts demanding private keys. Classic playbook—except now they're dressing it up with AI-generated videos of Garlinghouse 'endorsing' their scams. Because nothing says legitimacy like a deepfaked CEO.

The Compliance Paradox

Irony alert: XRP's legal clarity after beating the SEC made it a target. Regulators spent years fighting the wrong battle—now actual criminals are exploiting the victory. Meanwhile, Wall Street still can't decide if crypto is a scam or the future. Why not both?

Garlinghouse's warning lands as XRP flirts with mainstream adoption. Banks are testing it for cross-border payments. Retail traders are piling in. And scammers? They're already cashing out.