Ripple has issued a caution to the crypto community regarding the rise in scams amidst the surge in XRP's price. The blockchain company emphasized that it will never ask for XRP transfers, including its top executives like CEO Brad Garlinghouse and CTO David Schwartz. Ripple also shared a video exposing how scammers use deepfake technology to impersonate its leaders. The firm reiterated its commitment to combating scams by monitoring and reporting suspicious activities. Users were advised to verify claims through official channels and stay vigilant. The warning comes as XRP's price hits $2.68, its highest level since January 2018, with a significant increase in the past month. Market observers attribute this surge to optimism surrounding Ripple's legal battle with the SEC and the anticipation of XRP ETFs in the US. Additionally, regulatory pressure is driving developers towards a new era for US crypto. Read more AI-generated news on: https://app.chaingpt.org/news

#SEC #XRP