According to Odaily, Ripple has issued a stern warning on the social media platform X, emphasizing that no one from the company, including CEO Brad Garlinghouse, CTO David Schwartz, President Monica Long, and Chief Legal Officer Stuart Alderoty, will ever request users to transfer XRP. Ripple highlighted the correlation between the rise in cryptocurrency markets and an increase in fraudulent activities. The company stated, "The surge in the cryptocurrency market means a rise in scams. We remind you that Ripple will never ask you to send XRP. Neither Brad, David, Monica, Stu, nor anyone else from Ripple will make such a request. Please remain vigilant."

This warning comes amid growing concerns over scams targeting cryptocurrency users. As the market experiences upward trends, fraudulent schemes often become more prevalent, exploiting the excitement and potential for quick gains. Ripple's advisory serves as a crucial reminder for users to exercise caution and verify any requests for cryptocurrency transfers, especially those claiming to be from reputable sources. The company urges users to stay alert and protect their assets from potential scams.