Ripple CEO Hit by Impersonation Scam on Instagram, Warning Issued

Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. There has been an increase in impersonation accounts on social media, including accounts posing as Ripple officials, customer support and other representatives. Advertisement In particular, Ripple CEO Brad Garlinghouse is increasingly being used in deepfakes and other crypto scams promising free XRP giveaways, with a fake Instagram account flagged in this regard. Ripple CTO Emeritus David Schwartz draws attention to this fact in a recent tweet. Warnings about scam threats do not get old, and Schwartz referred to a 2019 tweet by a crypto user who was sent a fake XRP giveaway. HOT Stories Ripple Vet Questions NYT Reporter's Satoshi Hunt Proof Midnight (NIGHT) Open Interest 100% Spike Could Be Followed, Ethereum's (ETH) Only Possibility to Reach $3,000, XRP to Face Crucial Resistance Next Week: Crypto Market Review According to the crypto user, an Instagram account that claimed to be Ripple CEO Brad Garlinghouse had sent him an XRP giveaway. Not only this, the account requested that he send some XRP and they would send more back. Advertisement That's definitely not his. — David 'JoelKatz' Schwartz (@JoelKatz) April 12, 2026 Ripple CTO emeritus highlighted the said Instagram account that claimed to be the Ripple CEO as fake, saying it was definitely not his. You Might Also Like Sat, 09/06/2025 - 15:40 Ripple CEO Scam Busted by CTO, Alert Goes Out to XRP Community By Tomiwabold Olajide Advertisement This was obviously a crypto giveaway scam, where scammers impersonate public figures promising free cryptocurrency via social media posts and messages. Victims are typically asked to send funds to receive additional funds in return. Warnings issued Ripple continues to take a proactive and aggressive stance against crypto scams, revealing a deep commitment against this menace. You Might Also Like Thu, 04/02/2026 - 16:04 Ripple CEO Reacts to BBB Rating for Ripple Prime, Lists Three Points It Validates By Gamza Khanzadaev In previous warnings to the crypto community, Ripple stated it will never ask to be sent XRP and they should beware of scams using fake Ripple or XRP livestreams, giveaways or deepfake videos. Ripple also clarifies that it does not have an official Telegram channel. Any account claiming to be such might be fake. Also, Ripple made it clear that its officials will not contact you or provide support through unofficial channels, or ask for personal information, credentials or payments. The XRP community should bear in mind that Ripple employees, including its CEO, will never ask them to send funds, share wallet info or join investment streams. #Brad Garlinghouse #Ripple News #Scam Alert