#CryptoScamSurge After XRP hit a new all-time high earlier this week, the CEO of Ripple warned of scams targeting users of the cryptocurrency.

XRP touched $3.65 earlier this week before retreating sharply, logging a 15% pullback over three days, according to data from CoinGecko. Trading volumes remain elevated, with more than $17.4 billion in XRP changing hands over the past 24 hours.The selloff coincided with a public alert from Ripple CEO Brad Garlinghouse, who warned Wednesday that scammers had hijacked YouTube accounts to impersonate Ripple and promote fake XRP giveaways.

“Like clockwork, with success and market rallies, scammers ramp up their attacks on the crypto community,” he tweeted. “As always, if it sounds too good to be true, it probably is.”

Garlinghouse retweeted a post by Ripple, which drew attention to an “uptick of XRP scams” on YouTube, in which scammers “are stealing accounts and then updating the page to impersonate Ripple’s official account.”

An easy target?

Analysts believe the surge in scam activity reflects the unique makeup of XRP’s holder base, which remains one of the largest and most active in crypto.

“XRP’s demographic skews toward older retail investors who may be less familiar with crypto security practices,” Ryan Yoon, senior analyst at Tiger Research, told Decrypt. “This creates a systematic vulnerability: scammers can exploit lower digital literacy while leveraging Ripple’s corporate legitimacy to appear credible.”

Unlike other crypto projects with “younger, more security-aware communities,” Yoon notes that XRP's holder base “represents a persistently attractive target for sophisticated social engineering attacks.”#BTC