- Ripple CEO Brad Garlinghouse warns of increased crypto scams amid market rally, with losses hitting $2.1 billion in the first half of 2025.
- XRP surges to $3.66, nears 2018 high, while Bitcoin gains over 7% and Ether spikes over 31% in last 14 days.
- Scammers impersonating official Ripple YouTube account to con users, prompting warnings and vigilance from the crypto community.
- Ripple users report active XRP giveaway scam on YouTube, caution others to stay cautious and avoid falling victim to similar cons.
- Ripple previously sued YouTube over impersonators in 2021, but dropped the lawsuit after reaching an agreement to combat scams together.
- Security firm Scam Sniffer reveals Punycode attacks targeting crypto firms on Google, advises caution to avoid falling prey to scam ads.
Read more at Cointelegraph: Ripple Sounds Alarm on YouTube Scams After Crypto Price Spike
