Is Ripple’s XRP Rollercoaster Just the Beginning? CEO Sounds Alarm on Deepfake Scams That Could Shake Investors to Their Core!
Previous scams
Well, over the years, XRP has been at the center of multiple controversies and scams.
Scammers have frequently targeted XRP holders through fake giveaway schemes and impersonation scams, prompting Ripple to sue YouTube for negligence.
Additionally, XRP has seen pump-and-dump schemes orchestrated by online groups, and the token’s real-world utility has often been questioned, with many RippleNet partners not actually using XRP.
Ripple has also settled a $700,000 fine in 2015 with FinCEN for AML violations, further adding to its regulatory challenges.
Post Comment