An unknown scammer is using the best strategy to trick novice cryptocurrency investors into looting money from novice cryptocurrency investors.
$XRP is a popular Proof-of-Stake (PoS) cryptocurrency, which is popularly known as a centralized cryptocurrency. Many people claim that Ripple, the San Francisco-based blockchain company, controls the XRPL network and that we should not consider the decentralized cryptocurrency $XRP coin.
These days, the popularity of the SEC body.
Today, a scammer uses his X account (formerly Twitter) to scam Crypto X users. This scammer uses a similar username to Ripple CEO Brad Garlinghouse, and this account is verified as an organization.
No one can easily detect your account as fake. This fake user has been sharing posts related to official information published by official sources portraying the CEO.
In some response tweets, in various places, this fake Ripple CEO talked about the demand for XRP and asked people to join the $XRP giveaway.
Furthermore, this scammer pinned his fake giveaway tweet with a suspicious link in the profile to steal funds from new and innocent crypto investors.
So far, it is not known who the person behind this fake X profile is, but San Francisco-based blockchain firm Ripple has already warned against these types of scams and urged people not to participate in any type of giveaway. $XRP will no longer share keys or wallet details with anyone.
$XRP Price Action
The current trading price of $XRP coin is $2.42 and this price level is 7.5% higher in the last 24 hours.
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