Ripple Giveaway Scam (2024)

What is Ripple Giveaway scam?

Crypto giveaway scams are fraudulent attempts to trick unsuspecting people into believing that if they send money (in this case, XRP cryptocurrency), they will receive more of it in return. Usually, these crypto scams impersonate companies and individuals.

Ripple Giveaway Scam (1)

Ripple Giveaway scam in detail

Scammers behind this crypto giveaway scam claim that Brad Garlinghouse (the CEO of Ripple Labs) believes that the XRP will be worth at least $10 by the end of 2021. They attempt to trick people into participating in a 100,000,000 XRP giveaway where they can send from 5,000 XRP to 1,000,000+ XRP and receive two times more in return.

Neither Brad Garlinghouse nor Ripple has anything to do with this giveaway scam. People who transfer money to scammers never get anything in return. These scams have to be ignored and reported.

Threat Summary:
NameXRP giveaway scam
Threat TypePhishing, Scam, Social Engineering, Fraud
Fake ClaimPeople can double their XRP funds
DisguiseLegitimate XRP giveaway page
Related Domainxrpdrop21[.]com, xrp21[.]gift, ripplegift[.]org, xrp-2[.]info, 2024-xrp[.]com, eventripple[.]net, xrp-2025[.]com
Detection Names (xrpdrop21[.]com)AlienVault (Malicious), Emsisoft (Phishing), Google Safebrowsing (Phishing), Netcraft (Malicious), Spamhaus (Spam), Full List Of Detections (VirusTotal)
Distribution methodsCompromised websites, rogue online pop-up ads, potentially unwanted applications.
DamageMonetary loss
Malware Removal (Mac)

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Crypto giveaway scams in general

Examples of similar crypto scams are "Polkadot Giveaway Scam", "SAFEMOON Giveaway Scam", and "Binance Giveaway Scam". Most of them mention people related to cryptocurrency (like cryptocurrency leaders or leaders of companies with ties to crypto). They are promoted via potentially unwanted applications (PUAs), shady ads, web pages.

How did potentially unwanted applications install on my computer?

Most users download or install PUAs alongside other programs, via shady ads designed to run certain scripts or fake installers. Downloaders and installers for programs bundled with PUAs have "Custom", "Advanced", or other settings. If users do not change them, they agree to download or install both wanted and unwanted programs.

Fake installers are promoted through websites claiming that visitors need to update, fix software, install some security solution to protect computers, and so on.

How to avoid installation of potentially unwanted applications?

It is strongly recommended to avoid using third-party downloaders, installers, Peer-to-Peer networks, unofficial websites, or other sources, tools to download or install apps, files. They should be downloaded from official pages.

It is also advisable not to download or install programs without checking "Advanced", "Custom" or other settings that might be available in their downloaders or installers, and not to click advertisem*nts that shady pages have on them. If your computer is already infected with PUAs, we recommend running a scan with Combo Cleaner Antivirus for macOS to automatically eliminate them.

The appearance of Ripple Giveaway scam (GIF):

Ripple Giveaway Scam (2)

Text in this scam website:

Giveaway Rules Bonus Terms Transactions To Participate
Official Ripple event 100.000.000 XRP
Brad Garlinghouse and Ripple believes that XRP will hit $10 by the end of 2021. To speed up the process of cryptocurrency mass adoption, we've decided to run a 100,000,000 XRP giveaway.

To Participate
More info
ABOUT GIVEAWAY
During this unique event we will give you a chance to win 100,000,000 XRP, have a look at the rules and don't miss on your chance! You can only participate once!

FUNDAMENTAL RULES
To participate you just need to send from 5 000 XRP to 1 000 000 XRP to the contribution address and we will immediately send you back 10 000 XRP to 2 000 000 XRP (x2) to the address you sent it from.

SPECIAL WELCOME BONUS
If you send 5,000+ XRP, you will be get 10,000+ XRP back
If you send 10,000+ XRP, you will be get 20,000+ XRP back
If you send 50,000+ XRP, you will be get 100,000+ XRP back
If you send 150,000+ XRP, you will be get 300,000+ XRP back
If you send 500,000+ XRP, you will be get 1,000,000+ XRP back
If you send 1,000,000+ XRP, you will be get 2,000,000+ XRP back
INSTRUCTIONS FOR PARTICIPATING IN THE DISTRIBUTION

To make a transaction, you can use any wallet or exchange to participate!

Once we receive your transaction, the outgoing transaction is processed to your address.

Once we receive your transaction, we will immediately send the requested amount back to you.

Every address that is sent too late, gets their XRP immediately sent back.

SHOW YOU PAYMENT DATA
LIVE TRANSACTIONS

ra14cUMNvdHfnoc5QBCHVYttcqobDyHoLw
Giveaway Rules Bonus Terms Transactions To Participate

Another example of Ripple giveaway-themed scam website:

Ripple Giveaway Scam (3)

Text presented within:

Ripple
Join the giveaway
Brаd Gаrlinghouse believes that blockchain and riррle will make
the world more fair. To speed up the process of cryptocurrency
mass adoption, We decided to run 100 000 000 XRР giveaway.

To participate you just need to send from 5000 XRР to 500000 XRР
to the contribution address and we will immediately send
you back 10000 XRР to 1000000 XRР (x2 back) to the address you sent it from.

SPECIAL OFFER: If you send 100 000 XRP + you will get 200 000 XRP back + 30% bonus
To make a transaction, you can use any wallet or exchange to participate!
Once we receive your transaction, the outgoing transaction is processed to your address.
Once we receive your transaction, we will immediately send the requested amount back to you.
Every address that is sent too late, gets their XRР immediately sent back.
79 999 101/100 000 000

Last chance
to get your XRР!

Payment Address
You can send XRР to the following address: rP17Ng5Y5CH45DBh2CgULK3CMo97saFe3g

Examples of other websites promoting Ripple Giveaway scam:

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▼ DOWNLOAD Combo Cleaner for MacBy downloading any software listed on this website you agree to our Privacy Policy and Terms of Use. To use full-featured product, you have to purchase a license for Combo Cleaner. Limited seven days free trial available. Combo Cleaner is owned and operated by Rcs Lt, the parent company of PCRisk.com read more.

Quick menu:

  • What is XRP giveaway scam?
  • How to identify a pop-up scam?
  • How do pop-up scams work?
  • How to remove fake pop-ups?
  • How to prevent fake pop-ups?
  • What to do if you fell for a pop-up scam?

How to identify a pop-up scam?

Pop-up windows with various fake messages are a common type of lures cybercriminals use. They collect sensitive personal data, trick Internet users into calling fake tech support numbers, subscribe to useless online services, invest in shady cryptocurrency schemes, etc.

While in the majority of cases these pop-ups don't infect users' devices with malware, they can cause direct monetary loss or could result in identity theft.

Cybercriminals strive to create their rogue pop-up windows to look trustworthy, however, scams typically have the following characteristics:

  • Spelling mistakes and non-professional images - Closely inspect the information displayed in a pop-up. Spelling mistakes and unprofessional images could be a sign of a scam.
  • Sense of urgency - Countdown timer with a couple of minutes on it, asking you to enter your personal information or subscribe to some online service.
  • Statements that you won something - If you haven't participated in a lottery, online competition, etc., and you see a pop-up window stating that you won.
  • Computer or mobile device scan - A pop-up window that scans your device and informs of detected issues - is undoubtedly a scam; webpages cannot perform such actions.
  • Exclusivity - Pop-up windows stating that only you are given secret access to a financial scheme that can quickly make you rich.

Example of a pop-up scam:

Ripple Giveaway Scam (6)

How do pop-up scams work?

Cybercriminals and deceptive marketers usually use various advertising networks, search engine poisoning techniques, and shady websites to generate traffic to their pop-ups. Users land on their online lures after clicking on fake download buttons, using a torrent website, or simply clicking on an Internet search engine result.

Based on users' location and device information, they are presented with a scam pop-up. Lures presented in such pop-ups range from get-rich-quick schemes to fake virus scans.

How to remove fake pop-ups?

In most cases, pop-up scams do not infect users' devices with malware. If you encountered a scam pop-up, simply closing it should be enough. In some cases scam, pop-ups may be hard to close; in such cases - close your Internet browser and restart it.

In extremely rare cases, you might need to reset your Internet browser. For this, use our instructions explaining how to reset Internet browser settings.

How to prevent fake pop-ups?

To prevent seeing pop-up scams, you should visit only reputable websites. Torrent, Crack, free online movie streaming, YouTube video download, and other websites of similar reputation commonly redirect Internet users to pop-up scams.

To minimize the risk of encountering pop-up scams, you should keep your Internet browsers up-to-date and use reputable anti-malware application. For this purpose, we recommend Combo Cleaner Antivirus for macOS.

What to do if you fell for a pop-up scam?

This depends on the type of scam that you fell for. Most commonly, pop-up scams try to trick users into sending money, giving away personal information, or giving access to one's device.

  • If you sent money to scammers: You should contact your financial institution and explain that you were scammed. If informed promptly, there's a chance to get your money back.
  • If you gave away your personal information: You should change your passwords and enable two-factor authentication in all online services that you use. Visit Federal Trade Commission to report identity theft and get personalized recovery steps.
  • If you let scammers connect to your device: You should scan your computer with reputable anti-malware (we recommend Combo Cleaner Antivirus for macOS) - cyber criminals could have planted trojans, keyloggers, and other malware, don't use your computer until removing possible threats.
  • Help other Internet users: report Internet scams to Federal Trade Commission.

Frequently Asked Questions (FAQ)

What is a cryptocurrency giveaway scam?

A crypto giveaway scam is a type of scam offering to send a certain amount of cryptocurrency and receive more in return. Usually, such scams offer to double funds and claim that the amount of cryptocurrency that is being given away is limited.

What is the purpose of a crypto giveaway scam?

The purpose of such scams is to trick unsuspecting people into transferring cryptocurrency to scammers.

I have sent cryptocurrency to scammers, can I get my money back?

Such transactions are virtually untraceable, meaning that you will not be able to retrieve lost funds.

Why do I encounter such scams?

Usually, these scams are delivered by malicious websites that users do not visit on purpose. Those pages get opened through present malicious applications or pages using questionable advertising networks.

Will Combo Cleaner protect me from giveaway and similar scams?

Combo Cleaner is designed to scan every single website you visit, and it is capable of detecting malicious ones. This app will inform you that a page is not trustworthy and restrict access to it.

▼ Show Discussion

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Ripple Giveaway Scam (2024)

FAQs

Ripple Giveaway Scam? ›

🚨🚨🚨 Please beware of scam "Ripple" accounts, fake executive accounts or others promoting "XRP Giveaways" or "XRP Airdrops." Ripple and its executives will NEVER ask you to send funds anywhere. A lot of scammers are taking advantage of the recent good news to try to cheat and steal.

Is Ripple Giveaway real? ›

Crypto scams are getting smarter, more sophisticated and harder to detect. But one thing is clear – Ripple will never ask you to send us XRP. Learn how to protect yourself and fight back against scammers: https://on.ripple.com/3TTvmJI.

Is Ripple airdrop a scam? ›

From fake airdrops to sophisticated impersonations of Ripple executives, scammers are employing increasingly elaborate tactics to steal digital assets. Social media platforms have become hotbeds for these fraudulent schemes, with perpetrators promising astronomical returns on investment or free cryptocurrency tokens.

Is Ripple giveaway 2024 legit? ›

Ripple Giveaway scam in detail

Neither Brad Garlinghouse nor Ripple has anything to do with this giveaway scam. People who transfer money to scammers never get anything in return. These scams have to be ignored and reported. Compromised websites, rogue online pop-up ads, potentially unwanted applications.

Is Ripple legitimate? ›

In Conclusion: Ripple's Status as a Pillar in the Digital Assets Sector. Since its founding in 2012, Ripple has cemented itself as a pivotal and foundation player in the digital assets and cross-border payment communities. In the evolving landscape of blockchain and cryptocurrencies, Ripple's significance is undeniable ...

Why is Ripple banned in US? ›

Key Findings. Institutional Sales of XRP: Judge Torres found that Ripple's sales of XRP to institutional investors violated federal securities laws. These transactions were deemed to be investment contracts, and Ripple failed to register them as securities with the SEC.

Did Ripple win lawsuit? ›

Key Takeaways. Ripple Labs has been ordered to pay a $125 million fine to the Securities and Exchange Commission (SEC), a fraction of the nearly $2 billion penalty federal regulators had sought.

Is AirDrop giveaway a scam? ›

The DFPI cautions against giveaway promotions that claim to give away free crypto or offer questionable terms that are too good to be true. In many cases, these giveaway scams are promoted through fake airdrops on social media, often impersonating profiles of well-known public figures and companies.

Are airdrops real money? ›

Airdrops occur when a crypto project deposits cryptocurrencies or NFTs in a digital wallet. Crypto projects use them primarily as a marketing and brand awareness tool. While they may give the impression that they're "free money" for recipients, be cautious about potential scams and tax surprises.

How risky is Ripple? ›

Investing in XRP is risky and may not be suitable for most investors due to the high price volatility and the difficulty in predicting future trends in the cryptocurrency market,” Drozdz says. This advice highlights the need for prospective investors to consider their own risk tolerance and financial goals carefully.

Has warned XRP holders to watch out for a fake giveaway? ›

Ripple is urging its users to be on the lookout for fake “Ripple” accounts, people pretending to be company executives, and false “XRP Giveaways” or “XRP Airdrops.” Ripple made it clear that it will never ask users to send money or take part in such promotions.

Will Ripple reach $1000 dollars? ›

No, it is extremely unlikely Ripple XRP will reach $1,000. This is because its total circulation is less than 100 billion, which means it would need to have a market cap of $100 trillion for XRP to hit a price of $1,000. Do you believe Ripple (XRP) can cross $50? XRP is a good investment for long term.

Will Ripple hit $5? ›

Ripple's rocket ride may be risky

But it would be a mistake to expect skyrocketing prices in 2024, and $5 is an unrealistic target for the next few years. The true wealth-building gains will come in the long haul, as RippleNet expands to more countries and becomes more widely used.

Why is Ripple sued? ›

The SEC previously sued Ripple, its CEO Brad Garlinghouse and co-founder Chris Larsen in 2020, accusing them of illegally raising more than $1.3 billion in an unregistered securities offering by selling XRP.

Is Ripple a good investment now? ›

After a painful down year in 2022, the cryptocurrency market is back in investors' good graces, as its valuation currently sits at $2.3 trillion (as of May 16). That's up considerably from about $800 billion at the start of 2023. Even with the benefit of the bull run, Ripple (XRP -0.91%) hasn't gained much.

Is Ripple a Chinese company? ›

Ripple Labs, Inc. is an American technology company which develops the Ripple payment protocol and exchange network. Originally named Opencoin and renamed in 2015, the company was founded in 2012 and is based in San Francisco, California.

Are crypto giveaways real? ›

Abstract. A giveaway scam is a type of fraud leveraging social media platforms and phishing campaigns. These scams have become increasingly common and are now also prevalent in the crypto community where attackers attempt to gain crypto-enthusiasts' trust with the promise of high-yield giveaways.

Is ripple effect real? ›

A ripple effect occurs when an initial disturbance to a system propagates outward to disturb an increasingly larger portion of the system, like ripples expanding across the water when an object is dropped into it.

Can you get rich from Ripple? ›

I won't call XRP a get-rich-quick idea, but the token does seem undervalued today and patient investors should pocket significant returns in the long haul. In other words, XRP could very well make millions for its investors the usual way -- through patient long-term investing in a valuable business idea.

How much is Ripple being sued for? ›

Aug 7 (Reuters) - Ripple Labs has been ordered by a Manhattan court judge to pay the U.S. Securities and Exchange Commission about $125 million in penalties over charges of improperly selling the cryptocurrency XRP, according to a court filing.

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