Domain addresses consist of the following:.The fraudulent emails were sent from compromised domains in the US, Brazil, France, Russia, Vietnam, and the Czech Republic, among others.Limited correspondence also ended up in France, Italy, Romania, the Netherlands, the Czech Republic and Sweden.Within 24 hours, the phishing campaign spread globally, more specifically, in the US (31%), the UK (15%), Australia (10%), South Korea (8%), Germany (7%), Japan and South Africa (5% each), Ireland (4%) and Denmark (2%).The email connects users to a fake Ripple blogpost describing the “Token Allocation Program,” and how investors can register their XRP claim.īefore we delve deeper into the latest scam impersonating Ripple, let’s breakdown some important facts: The impostor letter allegedly sent from the “Ripple Team” announces a fresh XRP token allocation program to investors. How the scam worksĬybercrooks often mimic crypto organizations to defraud users of their digital assets and personal information. XRP transactions are solely operated on its decentralized open-source blockchain XRPL or XRP ledger. XRP, which holds a pre-mined supply of only 100 billion, is the native digital token used by Ripple due to its reliable, carbon-neutral and fast delivery. ![]() Ripple is a payment protocol and exchange network developed by Ripple Labs Inc, a US tech company and leading provider of crypto solutions for businesses. Cybercriminals have been conducting a massive phishing campaign impersonating crypto solutions provider Ripple since March 30, Bitdefender Antispam Lab warns.
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