Ripple issues 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—will ever ask users to transfer XRP.

Ripple states: "The rise in the cryptocurrency market means an increase in fraudulent activities, and we want to remind you that Ripple will never ask you to send XRP, nor will Brad, David, Monica, Stu, or anyone else at Ripple. Please stay vigilant."