Summary: Ripple CEO warns of Deepfake XRP scams as token surges to $3.10, crashes

XRP's Popularity Sparks a Dangerous Wave of AI-Powered Scams! While Bitcoin basks in record adoption, Ripple's XRP finds itself at the heart of a troubling surge in sophisticated scams. Following XRP's recent all-time high and increased investor interest, cybercriminals have escalated their deceptive tactics. Alarms are ringing as deepfake videos of Ripple executives, including CEO Brad Garlinghouse, are now being used to promote fraudulent XRP giveaways and airdrops. These AI-generated deceptions lend an alarming authenticity to scams, with bad actors hijacking YouTube channels and rebranding them to mimic official Ripple presence. Victims are lured by promises of large XRP rewards in exchange for an upfront deposit, falling prey to these highly convincing traps. Ripple and its CEO, Brad Garlinghouse, have issued urgent warnings, emphasizing that "Ripple or our execs will NEVER ask you to send us XRP." Garlinghouse further advised the crypto community to "BEWARE of the latest scam targeting the XRP family on @YouTube." The surge in fraudulent activity has already weighed on XRP's price, with a recent 10.24% drop. This isn't XRP's first encounter with scams; Ripple previously sued YouTube for negligence over similar issues. Past controversies include fake giveaways, impersonation schemes, and pump-and-dump plots, underscoring a persistent vulnerability. Despite these recurring challenges and the sophisticated new threats, optimism for XRP's long-term future persists. However, investors must remain vigilant, remembering the timeless adage: if it sounds too good to be true, it probably is. Stay safe in the crypto space.