Ripple’s waving the flag for XRP’s first-ever US spot ETF launch, and right on cue, scammers are popping up like bad weeds on social media.
The company’s own RippleX squad put out a loud, no-nonsense warning about fake giveaways, livestream cons, and deepfake videos impersonating their top brass.
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They shout from the rooftops, employees won’t beg for your XRP or wallet info. Keep your crypto close and your trust in official channels.
Phishing attempts and deepfakes
Why the fuss now? Because big moments in crypto, like rolling out a spot ETF or winning legal battles, are like carnival calls for scammers.
They swarm in tricking people with promises of free XRP or “double your token” deals that end up draining wallets faster than you can say “blockchain.”
Ripple’s CEO, Brad Garlinghouse, has played this tune before. When XRP hits headlines or scores regulatory wins, phishing attempts spike. Fraudsters have upped their game, leaning on AI-powered deepfakes to mimic Garlinghouse himself.
Take it from Brad Garlinghouse Himself…
Beware of scammers!
👀 pic.twitter.com/2wwLyi6HY2— 𝙈𝙚𝙩𝙖𝙈𝙖𝙣 𝙓 ™ (@MetaMan_X) November 11, 2025
As experts mentioned, last summer, an AI-generated video falsely announced a “Ripple Rewards Program” airdropping 100 million XRP as a thank-you for a court victory.
If only life were that generous. Ripple’s CTO called it an obvious scam, and Brad himself reminded fans that Ripple will never ask for XRP handovers.
100% XRP exposure
This is a sequel to an old tale, as scammers, like nosy paparazzi, have stalked Ripple’s legal drama with the SEC since 2020.
Every courtroom win triggers fake airdrops and exclusive offers flooding YouTube, X, and Facebook feeds. Garlinghouse calmly punches back, saying no freebies, no giveaways, just smooth sailing ahead.
Now, the much-anticipated XRP spot ETF launch is knocking, hence the scamming parade. Tennessee’s Canary Funds filed the last paperwork with the SEC.
Nasdaq just needs to give the green light, and then we’re all set for the ETF’s market debut, rumored for Thursday morning. This ETF promises 100% XRP exposure, a slick upgrade from the partial spot funds currently on show.
The @REXShares $XRPR ETF came first under the Investment Company (‘40) Act with *partial* spot $XRP exposure and less efficient tax treatment.
But @CanaryFunds is set to launch the first pure-play 33 Act $XRP ETF with 100% XRP, nothing else. https://t.co/lkV2iAHzXm
— Eleanor Terrett (@EleanorTerrett) November 11, 2025
Spot XRP ETF
Not a big surprise that financial insiders are buzzing. Nova Dius Wealth’s CEO Nate Geraci remarks how XRP’s regulatory rollercoaster flipped from grim to grin-worthy in just over a year.
From the SEC chasing XRP as a security to now launching a full-fledged spot ETF, that’s a full-scale plot twist worthy of prime time.
On the other hand, XRP’s price isn’t exactly throwing a party, yet, dipping from $2.54 to settle near $2.44 in the time of writing, but holding firm as opportunistic buyers dive in.
The stage is set, and the crypto world watches, both hopeful and wary.
Disclosure:This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
Kriptoworld.com accepts no liability for any errors in the articles or for any financial loss resulting from incorrect information.
Cryptocurrency and Web3 expert, founder of Kriptoworld
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With years of experience covering the blockchain space, András delivers insightful reporting on DeFi, tokenization, altcoins, and crypto regulations shaping the digital economy.
📅 Published: November 13, 2025 • 🕓 Last updated: November 13, 2025
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