Golden Finance reported that Ripple issued a strong warning on X, emphasizing that no one at the company— including CEO Brad Garlinghouse, CTO David Schwartz, President Monica Long, and Chief Legal Officer Stuart Alderoty—would ever ask users to transfer XRP. Ripple stated: "The rise in the cryptocurrency market means an increase in fraudulent activities, and we remind you that Ripple will never ask you to send XRP, nor will Brad, David, Monica, Stu, or anyone else from Ripple. Please remain vigilant."