Attackers launched a phishing website that closely copied Ripple’s branding to steal cryptocurrency from long-term investors (“hodlers”) by promising fake rewards for not selling their coins. The scammers used social engineering methods targeting the psychology of loyal investors. An exact copy of the official platform was created, featuring the branded fonts, blue color scheme, and logos. The website displayed banners promising exclusive bonuses and rewards to those who had not sold their XRP for years. The “Get Early Access” button launched a malicious script that approved a hidden transaction, instantly draining the victim’s wallet balance upon confirmation. XRP Ledger chief architect David Schwartz issued a strong denial on social media platform X, attaching a GIF captioned “THIS IS A SCAM!” Ripple’s official position remains unchanged: the company never runs hidden loyalty bonus programs for holders and does not distribute free tokens through third-party websites. $XRP

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