XRP analyst Zach Rector has issued a public warning to holders across the ecosystem. A new wave of targeted scams is actively running, and it has already cost the community millions of XRP.
Rector shared the warning in a recent video. “XRP holders beware, there’s an active scam wave targeting the XRP ecosystem,” he said. “Nobody’s ever going to contact you on social media, email, or elsewhere looking to help you.”
Fake Accounts and Compromised Profiles
Scammers are running two separate operations. In one, they create accounts designed to look like verified gold badge profiles, impersonating Xaman, Ripple, and prominent XRP community figures.
In the other, legitimate gold badge accounts are being compromised and used to push phishing links and crypto-draining schemes. Compromised verified accounts are changing hands on a black market for between $1,200 and $2,000.
Xaman Wallet founder Wietse Wind confirmed the scale of the problem. Scammers are creating more than 20 fake X accounts and 10 malicious domains daily, all impersonating Xaman to promote a non-existent desktop app and fraudulent XRP airdrops Wind also clarified that no Xaman token exists and never will, after a hacked verified account promoted a fake “XMN” token to unsuspecting holders.
New wave of XRP targeted scams 🚨👇 pic.twitter.com/kEK1Xtvy1N
— Zach Rector (@ZachRector7) October 20, 2026
Fake Ripple Announcements and Cloned Websites
A fake Ripple account on X promoted a scheme called “XRP Holder Tiers,” directing users to a fraudulent website to claim exclusive XRP badges. BankXRP confirmed that Ripple never issued the announcement, and stressed that neither Ripple nor the XRPL ever prompt holders to claim badges or register for perks.
Cloned Xaman websites are also circulating. These sites visually replicate xaman.app, complete with fake governance vote badges and “Connect Wallet” buttons built to drain wallets on connection.
Fake profiles impersonating Ripple CTO David Schwartz and CEO Brad Garlinghouse are also common, especially on Instagram and Telegram.
Free Course Targets New and Existing Holders
In response, Rector launched a free Crypto Basics course, with the first lesson focused on securing crypto assets. He made it available through a free Patreon membership. “It breaks my heart that our community has lost millions of XRP to these scammers,” Rector said.
He framed the course as useful for newcomers and experienced holders alike, noting that scam tactics continue to evolve. XRP holders should treat any unsolicited contact as a potential scam attempt.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
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