Newsroom

XRPL Foundation Director Flags Fake Ripple Announcement Targeting XRP Holders

1 August, 2026   /   News   /  AI   /   Tags:  xrp, ripple, tiers, badge, fraudulent

XRPL Foundation Director Flags Fake Ripple Announcement Targeting XRP Holders

Scammers circulated a fraudulent announcement claiming Ripple launched XRP Holder Tiers with exclusive perks, directing users to a phishing site to claim badges and steal holdings

A phishing campaign targeting XRP holders has prompted a direct warning from Hussein Zangana, director of community at the XRP Ledger Foundation and known as Vet. The scheme relies on a fabricated social media post from an impersonated Ripple account that promotes nonexistent “XRP Holder Tiers.”

The false message asserts that these tiers unlock special benefits and instructs recipients to visit an external website to claim an XRP badge. In reality, the site is designed to extract wallet connections or recovery phrases, giving attackers full control over victims’ funds.

Details of the Fraudulent Campaign

The counterfeit announcement was flagged by the XRP-focused account BankXRP, which identified the post as originating from a fake Ripple profile. Users were urged to avoid any interaction with the linked site. Neither Ripple nor the XRP Ledger requires holders to register for rewards, claim badges, or verify ownership through third-party portals.

Vet confirmed the entire promotion has no connection to Ripple and that the company has never introduced holder tiers or badge programs. He advised the community to disregard the material and remain cautious about unsolicited reward offers.

The announcement has no connection to Ripple. Users should stay vigilant and ignore the fake promotion.
Hussein Zangana (Vet),XRPL Foundation Director of Community

BankXRP reinforced the same advice, stressing that seed phrases grant irreversible access to digital assets and should never be entered in response to online verification requests.

Pattern of Impersonation in the XRP Ecosystem

Reward-based phishing remains a frequent method used against cryptocurrency communities. Scammers create urgency by promising exclusive perks, then funnel users toward malicious websites that mimic legitimate platforms. Similar tactics have appeared in other recent incidents involving the broader XRP space.

XRPL developer Wietse Wind has previously cautioned against fraudulent projects claiming official status, noting that no authentic Xaman token exists. Separately, the liquid staking protocol Firelight, built for XRP on the Flare Network, alerted users to impostor social media accounts. Firelight stated it maintains only one official X account, one Discord server, and one website, and asked community members to ignore any other profiles claiming affiliation.

Authorities in Seoul recently detained three individuals linked to a separate fraudulent staking platform that impersonated Flare Network and FXRP services. That operation reportedly collected approximately 3.4 million XRP from 71 victims.

Security Guidance for Holders

Legitimate ownership of XRP does not depend on participation in any tier system, badge claim, or wallet-connection process. Official communications from Ripple and the XRP Ledger Foundation are issued through verified channels only. Any request to connect a wallet or supply a recovery phrase in exchange for supposed benefits should be treated as a security threat.

Community members are advised to cross-check announcements against known official accounts and to avoid clicking unfamiliar links distributed via social media.

Associated cryptocurrencies
Disclaimer
This article was generated by AI using information from multiple industry sources. It has not been reviewed or verified by a human editor and may contain inaccuracies, omissions, or misinformation. Readers are encouraged to independently verify any information before making decisions based on its content.
This article is for informational purposes only and does not constitute financial, legal, or investment advice. Cryptocurrency and related investments involve substantial risk, and past performance does not guarantee future results.