#CryptoScamSurge A key component of the fraud involves YouTube channels with over 170,000 subscribers falsely promoting a "100 million XRP giveaway," mimicking Ripple's branding to appear legitimate. The real Ripple YouTube channel has fewer than 82,000 followers, underscoring the sophistication of the impersonation. Ripple clarified that scammers are hijacking existing accounts and rebranding them to mimic authenticity, a strategy previously addressed in a 2020 lawsuit against YouTube that was resolved in 2021. Despite these efforts, Garlinghouse criticized platforms for inadequate measures to curb such schemes, highlighting a recurring vulnerability in social media verification processes.