Fake Ripple Announcement Targets XRP Holders in Fraud Scheme

By:Ā coin-turk.com|2026/08/01 12:08:57

A fake announcement circulating on social media in the name of Ripple has revealed a new fraud scheme targeting XRP holders. Hussein Zangana, community director of the XRP Ledger Foundation, stated that this post is completely fake and urged users to be cautious. The XRP-focused account BankXRP brought attention to a fraudulent post claiming that Ripple had launched a so-called 'XRP Holder Tiers' application. It was stated that various benefits would be offered to users and that they would be directed to a fake website. BankXRP emphasized that this is a phishing attempt and clarified that Ripple has not made such an announcement. Users were advised not to click on fake links, not to connect their wallets to these sites, and not to share their seed phrase information. Otherwise, there was a warning that XRP assets in their wallets could be stolen. Zangana stressed that the XRP community needs to be more vigilant against unverified announcements. There is no official system in the Ripple and XRP Ledger ecosystem that requires users to register to receive badges. Therefore, posts containing similar promises are considered attempts to mislead users. In South Korea, three individuals were detained in connection with a fake XRP staking platform as a result of a similar investigation. Authorities reported that approximately 3.4 million XRP was stolen from 71 victims.

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