Scammers use AI deepfakes and impersonations as XRP ETF launch buzz grows
Ripple Labs issued a fresh warning to the XRP community after a spike in impersonation attacks and fake giveaway promotions surfaced the same day the first spot XRP ETF is expected to debut. Scammers are reportedly using AI deepfake audio and video, cloned social handles, and fraudulent links to impersonate company figures and community leaders — tactics designed to harvest private keys and redirect funds.
The timing matters because ETF-related news draws large inflows and heightened retail interest, creating fertile ground for opportunistic fraud. Ripple urged users to verify announcements through official channels, never send funds to giveaway addresses, enable strong wallet protections and report suspicious accounts. The alert underscores how market events can amplify security risks and why extra caution is warranted during high-profile product launches.