Ripple issued a strong warning on X, emphasizing that no one at the company - including Chief Executive Officer Brad Garlinghouse, Chief Technology Officer David Schwartz, President Monica Long, and Chief Legal Officer Stuart Alderoty - would ever ask users to transfer XRP. Ripple said: "The rise in the cryptocurrency market means an increase in scams, and as a reminder, Ripple will never ask you to send XRP, nor will Brad, David, Monica, Stu or anyone else at Ripple. Please be vigilant."