Ripple Alerts XRP Holders to Fake Livestreams After Swell Event

TLDR

• Ripple issued a warning to XRP holders following an increase in fake livestream scams.
• The scams appeared during and after the Swell conference which featured major financial announcements.
• Fake YouTube livestreams impersonated Ripple executives and promoted false XRP giveaways.
• Ripple stated it will never ask XRP holders to send tokens for any event or promotion.
• The company detected and responded to multiple fraudulent streams linked to Swell-related content.

Ripple has alerted XRP holders to a surge in online scams after its Swell conference earlier this month. The company detected fake livestreams impersonating Ripple executives during and after the event.

These livestreams promoted fake XRP giveaways, instructing viewers to send tokens to receive doubled amounts. Scammers used Ripple branding and misleading titles to make the streams look official.
Ripple quickly addressed the issue through posts on its official X account.

Fake YouTube Livestreams Target XRP Holders

Ripple confirmed that fraudsters launched multiple fake YouTube livestreams during the Swell conference. These streams falsely claimed to offer XRP giveaway events featuring Ripple executives.

The company emphasized that such giveaways were fake and part of a coordinated scam.
It warned that Ripple will never ask XRP holders to send tokens for any reason. Scammers frequently exploit high-profile events to deceive the XRP community.

Such tactics often involve using old interviews or AI-generated videos to simulate authenticity. The streams mislead users into sending XRP to listed wallet addresses under false promises.

Scammers Exploited Swell Conference Hype

The Swell conference attracted leading financial partners, including Pantera Capital, Marshall Wace, and Brevan Howard. Ripple announced a $500 million investment during the event, increasing its valuation to $40 billion.

As the conference trended online, scammers saw an opportunity to mislead XRP holders.
Fake events were promoted using hashtags and titles linked to the official Swell campaign.
Ripple’s security team flagged and reported these streams shortly after they appeared.

XRP holders were the primary targets, especially those engaging with Ripple content online. Scam livestreams encouraged viewers to “participate” by sending XRP for double returns. These fraudulent promises appeared during several significant Ripple announcements in the past as well.

Ripple Reiterates Official Channels Are Safe

Ripple reminded the public that it communicates only through its verified social media and company website. The company has never held nor promoted any XRP giveaway or token redistribution event.

Executives have also warned of deepfake threats involving manipulated videos of company leadership. RippleX, which oversees XRPL development, issued a recent statement about AI-generated impersonation scams. The team called on XRP holders to report suspicious content directly to platforms or Ripple.

Ripple stressed that “no matter the event or announcement, any request to send XRP is always a scam.” Such fake events commonly resurface when Ripple makes headlines or wins legal developments. The company maintains that no third-party promotions offering XRP giveaways are genuine.

XRP Holders Urged To Verify and Report

XRP holders were urged to check Ripple’s verified accounts before engaging with any livestream or announcement. If any stream promises XRP returns, Ripple recommends avoiding and reporting it immediately.

In July, Ripple faced a similar wave of fake livestreams featuring fabricated clips of executives. The scammers behind those used fake thumbnails and misleading overlays to increase views. This pattern of fraudulent activity has followed Ripple events for several years.

Ripple reminded XRP holders that its official communications do not involve promotions that require token transfers. All recent scam reports have included impersonations of Ripple events, leaders, and brand visuals. The company continues to take action through platform takedowns and legal reports.

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