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XRP Holders Warned of New Ripple Banking Scam

Image: Econotimes. Rights remain with the publisher.

XRP holders are being urged to remain vigilant as scammers exploit Ripple's growing banking partnerships and institutional adoption to promote fraudulent tokens and steal cryptocurrency. The warning comes amid increased activity surrounding the XRP Ledger (XRPL), Ripple's RLUSD stablecoin, and major treasury transactions involving Evernorth. Fraudsters are reportedly using these legitimate developments to impersonate financial institutions and deceive unsuspecting investors.

An XRP Ledger Foundation contributor known as Vet (@Vet_X0) recently highlighted a sophisticated scam involving vanity…

Read the full report on Econotimes

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Section
Business
Topics
Stock market, Crime & safety
First reported by
Econotimes
Reporter
econotimes
Published
Monday, 19 October 2026, 3:23 am IST
Coverage
One outlet so far

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