Ripple CTO warns against XRP scams amid SEC-induced hype

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Ripple CTO warns against XRP scams amid SEC-induced hype
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🚨XRP scam alert: Ripple CTO JoelKatz warns against rising scams: “There are no airdrops, giveaways, or special offers associated with this ruling.'

“A lot of scammers are taking advantage of the recent good news to try to cheat and steal. There are no airdrops, giveaways, or special offers associated with this ruling.”

Given its massive popularity and growing community, scammers often imitate Ripple’s official website to promote fake giveaways and airdrops. In such instances, the scammer intends to gain access to the potential victim’s crypto wallets, which would be used to drain existing tokens or siphon stolen funds at a later date.In April 2023, YouTube helped recover a creator’s channel with 2.4 million subscribers, which was hacked to promote XRP scams.

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