Ripple CEO Alerts XRP Community to Surging Deepfake Scams Amid Price Rally
As XRP experiences a notable price surge, Ripple CEO Brad Garlinghouse has issued a critical warning to investors about the rise of sophisticated deepfake scams. Fraudsters are exploiting fabricated videos of Ripple executives and impersonating official YouTube channels to promote fake XRP giveaways. These scams have already duped numerous victims into sending funds with no returns. The alert comes amid heightened on-chain activity and increased regulatory scrutiny surrounding XRP. Ripple is urging the community to remain vigilant and verify all information through official channels to avoid falling prey to these malicious schemes.
Ripple CEO Warns XRP Investors of Rising Deepfake Scam Threats
Ripple CEO Brad Garlinghouse has issued a stark warning to XRP investors as deepfake scams proliferate amid the cryptocurrency's price surge. Fraudsters are leveraging fabricated videos of Ripple executives and spoofed YouTube channels to promote bogus XRP giveaways, duping victims into sending funds with no return.
The alert follows heightened on-chain activity and regulatory scrutiny surrounding XRP. Ripple emphasizes that its leadership will never solicit XRP payments, urging users to report suspicious content immediately.
Brazilian Firm VERT Launches $130M Agribusiness Tokenization on XRP Ledger
VERT, a Brazilian securitization firm, has introduced a blockchain-based private credit platform on the XRP Ledger (XRPL), marking its debut with a 700 million Brazilian real ($130 million) issuance of Agribusiness Receivables Certificates (CRA). The MOVE accelerates Brazil's real-world asset (RWA) tokenization push, leveraging XRPL's Ethereum-compatible EVM sidechain for real-time cash flow tracking and auditability.
The platform aims to modernize Brazil's $200 billion private credit market by offering end-to-end lifecycle traceability and compliant metadata storage. "We are enabling operation events to be recorded in the most granular way possible, ensuring traceability and transparency... approaching real time," said Gabriel Braga, VERT's Director of Digital Assets.
XRPL's low-cost, high-efficiency consensus design and EVM compatibility were critical in meeting foreign investors' demand for operational transparency. This development underscores Ripple's growing enterprise footprint in institutional blockchain adoption.
XRP Price Drops 11% Amid ETF Freeze – Can it Hold $3?
XRP faced a brutal 11% pullback in the last 24 hours, marking one of its steepest declines this month. The sell-off was triggered by the SEC's reversal on Bitwise’s XRP-containing ETF, which blocked $1.86 billion in BITW assets from migrating to regulated exchanges. Grayscale’s GDLC ETF freeze further dented confidence in XRP’s regulatory clarity.
Active addresses plummeted to 54k amid panic but have since edged up to 57.7k, suggesting cautious re-engagement. A sustained rebound above 60k could signal sentiment recovery. At press time, XRP traded at $3.11, with market cap sliding to $184.46 billion as 24-hour volume spiked 92.74% to $14.48 billion—reflecting intense selling pressure.
XRP Drops 11% Despite $20M Corporate Investment from Nature’s Miracle
XRP fell 11% to $3.10 in the past 24 hours, defying bullish sentiment sparked by agrotech firm Nature’s Miracle’s $20 million treasury allocation. The company will fund the purchase through an equity financing deal with GHS Investments, staking the tokens to generate yield and support Ripple’s ecosystem.
"Cross-border payment efficiency makes XRP a strategic reserve asset," said Nature’s Miracle CEO James Li, citing adoption by Santander and American Express. The move follows the company’s SEC-approved S-1 registration, mirroring a broader trend of public firms like Trident Digital shifting from Bitcoin to altcoins.
Policy tailwinds including the recently signed GENIUS Act failed to buoy XRP’s price. The token continues to underperform despite growing institutional interest in ethereum and Solana as alternative crypto reserves.
Ripple vs SEC Legal Battle Faces Delays as Appeals Process Unfolds
The protracted legal confrontation between Ripple Labs and the U.S. Securities and Exchange Commission continues to frustrate the crypto community. Despite earlier expectations of a near-resolution, the case remains entangled in procedural complexities.
Former SEC attorney Marc Fagel clarifies the current impasse: jurisdiction now rests with the appellate court following both parties' filings for appeal. "She doesn't even have jurisdiction at this point," Fagel noted regarding Judge Torres' diminished authority in the ongoing proceedings.
Market participants speculate about potential timeline extensions into 2026, particularly if regulatory frameworks undergo significant changes. However, legal experts counter these projections, suggesting the appeals process may conclude sooner than anticipated.
Speculation Mounts Over Ripple's Role in BlackRock's $100 Trillion Tokenization Strategy
Market observers are connecting dots between BlackRock's blockchain ambitions and Ripple's infrastructure developments. Larry Fink, CEO of the world's largest asset manager, recently declared tokenization as the next evolutionary phase for financial markets—a vision requiring robust digital identity solutions.
Ripple's expanding capabilities in cross-border payments and tokenized assets align conspicuously with BlackRock's roadmap. The XRP Ledger already hosts tokenized U.S. Treasuries through ONDO Finance, including funds managed by BlackRock. This operational overlap suggests deeper collaboration than publicly acknowledged.
Digital identity emerges as the linchpin for institutional blockchain adoption. Ripple's progress in this domain, coupled with its real-world asset tokenization pipeline, positions it as a potential enabler of BlackRock's $100 trillion migration plan. The Aladdin-XRP integration theory gains credence as both entities converge on identical technological requirements.