XRP Price Soars 70% as Court Rules It's Not a Security
XRP Surges 70% as Court Rules It Not a Security; Scam Warning Issued
XRP experienced a remarkable 70% surge in price, rising from $0.47 to $0.82 in a day, following a court ruling that declared XRP is not a security. Ripple's CTO, David Schwartz, warned investors about potential scams exploiting the hype surrounding the cryptocurrency. Scammers often mimic Ripple's official website to promote fake giveaways and airdrops, aiming to gain access to victims' wallets. Additionally, YouTube helped recover a hacked channel belonging to YouTuber DidYouKnowGaming, which had 2.4 million subscribers and was exploited to promote XRP scams. The method used by the hackers to breach YouTube accounts remains unknown.
