A recent Twitter hack revealed the Red Cross account pushing a phony XRP giveaway, serving as another another illustration of the growing trend of crypto scams.
The tweet, sent on February 19, stated that Ripple CEO Brad Garlinghouse had started an XRP airdrop and advised followers to act quickly and claim their “gift” at a certain link.
The Red Cross has identified the scam as a hack and has issued a warning to its supporters to be wary of such fraudulent actions. This is not the first time that hacked Twitter accounts have been used to advertise XRP frauds.
The Twitter account of American TV sports channel GOL TV was also compromised last month, as was the account of French Municipal Councillor Quentin Feres earlier this month to promote a similar scam.
The official Twitter account of the Indian embassy in Oman was similarly compromised in September 2022 and used to spread a fake XRP giveaway hoax.
These frauds frequently take the form of Ripple-connected companies and present their victims with enticing investment options that are not protected by legal agreements or oversight from authorities.
Many of them pass themselves off as Garlinghouse, offering ostensibly substantial investment options that turn out to be untrue. XRP scams are still prevalent despite efforts by social media behemoth Twitter to crack down on fake accounts. As a result, users must be increasingly cautious.
