As a seasoned crypto investor with over a decade of experience navigating the wild west of digital assets, I’ve seen it all – from market booms to busts and everything in between. The latest development involving Ripple’s anti-scam video is yet another reminder that this space can be both exciting and treacherous.
In a recent tweet, Ripple published a hilarious video anti-scam reminder, with the company’s CEO, Brad Garlinghouse, featured as its star.
Ripple’s scam warning amid market rise
Ripple’s official account has shared a video, which includes Brad Garlinghouse, Ripple’s CEO, appearing in two different outfits – one in a suit and the other in a bathrobe. The suited Garlinghouse is the authentic one, while the one in a robe claims to offer substantial gains to viewers if they click on the link provided in the post and even promises an XRP giveaway. He asks users to transfer 500 XRP coins, assuring them that he will return double the amount to the wallets of those who are already XRP holders.
In the video, the genuine Ripple CEO, Garlinghouse, contradicts the false Ripple CEO, asserting that Ripple will never require you to transfer XRP and also will not request XRP holders for their wallet addresses. In the clip, he subsequently exposes the deceptive CEO.
An increase in the crypto market often leads to an increase in fraudulent activities – a friendly reminder that Ripple will never ask for XRP transfers, not even from Brad, David, Monica, Stu, or any other team members. Keep your guard up!
— Ripple (@Ripple) December 2, 2024
The anti-scam warning cautions XRP owners, urging them to remain vigilant and secure. In response, the genuine Garlinghouse jokes about his scammer’s accurate portrayal of his hair, stating, ‘At least they got my hair right.’ It’s crucial to stay on guard during market surges, the message emphasizes.
273.4 million XRP in 24 hours upon 11% price surge
Currently, there’s a significant surge in the value of XRP, with prices climbing over 11%. Notably, a well-known crypto tracker, Whale Alert, has highlighted substantial transfers of XRP tokens carried out by prominent cryptocurrency holders, often referred to as “whales.
In the past 24 hours, this data source has detected six significant cryptocurrency transactions involving XRP, with a collective value of approximately 273 million XRP. The two most substantial transfers were made between two prominent South Korean cryptocurrency exchanges, Upbit and Bithumb. Specifically, 100 million XRP, equivalent to around $273.29 million USD, was sent to Bithumb, while 60 million XRP, worth approximately $159.51 million USD, was withdrawn from Upbit, the largest cryptocurrency trading platform in South Korea.
🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 100,000,000 #XRP (273,287,094 USD) transferred from unknown wallet to #Bithumb
— Whale Alert (@whale_alert) December 3, 2024
24,999,991 units of Ripple (XRP), valued at approximately $67,237,760, were taken out from the Binance exchange following a price increase. This is the largest XRP transaction recorded by Whale Alert to date. Additionally, other transactions involving anonymous crypto wallets occurred: 20 million XRP, 18.4 million XRP, and 50 million XRP.
🚨 🚨 🚨 24,999,991 #XRP (67,237,760 USD) transferred from #Binance to unknown wallet
— Whale Alert (@whale_alert) December 3, 2024
On Sunday, XRP surpassed the $2 mark, peaking at $2.87 on Monday. Currently, as I speak, the third-largest digital coin with a market capitalization of around $139 billion is being traded at $2.77. Earlier today, it had been exchanged at $2.86 before experiencing a slight dip.
Read More
- FIS PREDICTION. FIS cryptocurrency
- LUNC PREDICTION. LUNC cryptocurrency
- Tips For Running A Gothic Horror Campaign In D&D
- EUR CAD PREDICTION
- XRP PREDICTION. XRP cryptocurrency
- Luma Island: All Mountain Offering Crystal Locations
- DCU: Who is Jason Momoa’s Lobo?
- OSRS: Best Tasks to Block
- EUR ARS PREDICTION
- INR RUB PREDICTION
2024-12-03 16:16