Ripple recently released a humorous yet important anti-scam video featuring its CEO, Brad Garlinghouse, to remind the crypto community to stay vigilant.
The video, shared on Ripple’s official X (formerly Twitter) account, features two versions of Garlinghouse. One is the real, suited-up CEO, while the other is a parody version lounging in a bathrobe. The “fake” Garlinghouse makes exaggerated promises of high returns and offers an XRP giveaway, asking users to send 500 XRP in exchange for double the amount.
The real Garlinghouse interrupts to debunk the scam, firmly stating, “Ripple will never ask you to send us XRP or request wallet addresses.” He urges viewers to stay cautious, especially during bullish market trends. The clip ends humorously, with Garlinghouse joking about his parody double, “At least they got my hair right.”
XRP Whale Activity Rises Amid Price Surge
As Ripple tackles scams, XRP has experienced significant price growth, climbing over 11% in recent days. This surge has triggered large-scale token movements in the market. Blockchain tracker Whale Alert reported that over 273 million XRP was transacted within 24 hours.
Among these transactions, notable ones included 100 million XRP ($273 million) sent to Bithumb and 60 million XRP ($159 million) withdrawn to Upbit. Binance also saw significant activity, with nearly 25 million XRP ($67 million) withdrawn.
XRP Hits $2.87 Amid Market Optimism
XRP recently crossed the $2 milestone, reaching a high of $2.87 before slightly retreating to $2.77. The token now boasts a market cap of $139 billion, underscoring its strong performance.
Conclusion
Ripple’s anti-scam efforts come as XRP experiences a surge in price and whale activity, signaling heightened market interest. With XRP trading near $2.77 and Ripple promoting awareness, the token’s future continues to capture attention amidst bullish trends.
Anthony Pedro
Anthony Pedro is a seasoned crypto writer with a deep passion for blockchain technology and digital currencies. With over 4 years of experience in the cryptocurrency space, Anthony has become a trusted voice, offering insightful analysis and commentary on the latest trends, innovations, and market movements. When not writing, he is actively engaged in the crypto community, attending conferences, advising blockchain startups, and experimenting with new projects.