Ripple Warns of Surge in Fake “Live” YouTube Videos During and After Swell Event
Ripple recently concluded Swell 2024, its most important event of the year, held on November 4-5 in New York City. The conference brought together leaders in crypto, payments, banking, and policy to discuss how financial institutions and businesses are leveraging crypto and blockchain technology. The event was also broadcast via a live stream, attracting a broad online audience.
However, Ripple has observed a significant increase in fake “Live” YouTube videos during and after the Swell event. Scammers are attempting to exploit Ripple’s popularity and XRP’s advantage by broadcasting fraudulent live streams to deceive unsuspecting viewers.
The Rise of Deepfake and Crypto Scams
In recent years, the use of deepfake technology—digitally manipulated videos—has surged, contributing to misinformation and a rise in crypto scams and other fraudulent activities. Scammers often repurpose genuine footage from media interviews or public events, overlaying them with scam content. These fake videos typically link to fraudulent websites or crypto wallet addresses, urging viewers to send XRP or other cryptocurrencies.
Common tactics include:
– Displaying fake web domains paired with a public “send to” wallet address
– Featuring chat functions on scam websites that pressure users into sending assets quickly
Ripple cautions the crypto community to remain vigilant. The company and its employees will never request users to send XRP or any other assets.
Ripple Strengthens Fight Against Crypto Crime
To bolster its efforts against crypto fraud, Ripple has taken key initiatives:
– In August 2025, Ripple became a founding member of TRM Labs’ Beacon Network, an alliance that facilitates real-time intelligence sharing among law enforcement, crypto exchanges, and financial institutions to combat cryptocurrency crime.
– In May 2024, Ripple joined forces with Swirlds Labs and the Algorand Foundation as founding members of the DeRec Alliance. This group focuses on simplifying the process of securing and recovering digital assets, accounts, passwords, and other secrets, aiming to make the experience as seamless as traditional Web2 platforms.
Stay Alert and Protect Your Assets
With scams becoming increasingly sophisticated, Ripple urges the community to exercise caution. Always verify the authenticity of videos, websites, and requests related to XRP transactions. Protect your digital assets by relying only on official channels and trusted sources.
For more information on how to safeguard yourself against crypto scams, visit Ripple’s official website and follow their verified social media accounts.
https://u.today/ripple-issues-new-warning-to-xrp-holders-to-stay-vigilant-whats-it-about
