Urgent Notice: XRP Holders Should Know About This New Phishing Scam That Impersonates Ripple

XRP users are being scammed by fake emails about Ripple’s non-existent staking event

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Tiffany Hayden, a prominent member of the XRP community, recently shed light on a new scam that impersonates Ripple in her recent tweet
She shared a screenshot of an unsolicited email about the ‘Proof-of-Keys’ ownership and staking event that was promoted by the impersonators of the blockchain payment firm.  

👉 MUST READ British Billionaire Richard Branson Is Fed Up with Bitcoin Scammers Who Impersonate Him on Social Media related article image

There is no XRP staking  

Hayden’s junk filter didn’t detect the sham, and she has already received a message from someone who fell into the trap.    

Someone allegedly sent almost 100,000 XRP ($18,324 at the time of writing) to the scammers in order to stake XRP and receive rewards.  

This spear-phishing campaign specifically targets XRP holders. Notably, some claim that their e-mail accounts that recently received the fake staking announcement weren’t linked to any social media accounts.

David Schwartz, the CTO of Ripple, described this revelation as ‘worrisome.’ 

image by @JoelKatz

It is important to mention that XRP staking doesn’t exist, and even such legit-looking emails are only meant to scam you out of your tokens.

Grappling with fraudsters 

Last month, Ripple warned XRP holders about ‘fraudulent scam communications’ that were targeting them. 

The company took streaming giant YouTube to court after the latter didn’t delete numerous fake giveaway videos that feature Ripple CEO Brad Garlinghouse. 

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Alex Dovbnya

Alex covers all things crypto — from major projects, which are fighting tooth and nail to gain the upper hand in the burgeoning industry, to the latest regulatory trends around the world. He’s a firm believer that Blockchain has the potential to reshape pretty much every business out there, and cryptocurrencies are only a stepping stone to the upcoming decentralized revolution.