XRP Ledger Dev Raises Alert on Fake 'Passes' Scam Targeting Wallets - U.Today

XRP2.91%
BTC2.8%
SHIB3.86%
ETH4.25%

XRP Ledger developer and Xaman founder Wietse Wind has issued an alert to the XRP community regarding scams targeting wallet holders.

In such scams, the scammer sends fake NFTs with the intent of making an offer to an unsuspecting victim to trade something in return. According to recent reports, scammers pry at offers made from wallets for NFTs, copy or duplicate and mint from another wallet to offer to unsuspecting users for sale.

In another such scam attempt, a scammer creates a website with a fake Xaman domain and sends an offer, a pass to join a closed Xaman beta.

In this light, Wind flagged a fake Xaman NFT in a recent tweet, warning the XRP community that the wallet provider is not sending “passes” or “NFTs.” These, he stated, are being sent by scammers.

HOT Stories

Crypto Market Review: Bitcoin’s $70,000 Guarded Like Treasure, Will Shiba Inu Have Bullish March? Ethereum Breaks Above 100-Day Threshold

XRP Volume Rises 212%, Bitcoin ETFs Back in Demand With $506 Million, Dogecoin Price Reclaims $0.10 — U.Today Crypto Digest

Wind urges XRP holders to cancel such offers and never engage or accept. As fake NFT offers proliferate, users are urged to exercise caution and verify wallet addresses of artists and projects before accepting any offer.

This follows similar warnings in recent times to XRP wallet holders. Fake support accounts are flagged as one of the more common XRPL scam vectors. Genuine support will never ask for seed phrases or for users to sign a transaction or “verify” their wallets and does not contact users via X, Discord or unsolicited DMs.

Wind shares a few tips to stay safe for XRP users: they should never engage with anything they do not trust, never accept offers they did not ask for or do not understand, use only in-app support, never share their secrets and never sign anything that feels too good to be true.

What’s coming in March?

According to the official XRPL blog, XRP Ledger devnet is scheduled for a reset on Tuesday, March 3, 2026.

The reset will delete all ledger data in the devnet, including all accounts, transactions, balances, settings, offers, AMMs, escrows and other data.

Crypto is just a day away from the highly anticipated March 1 deadline to settle reward provisions for the Clarity Act. Analysts expect this potential development to be the main driver of markets heading into March.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Ripple Splurges $750 Million on Share Buyback While XRP Continues Declining: Why Is the Company's Strategy Diverging from Token Value?

Ripple announced a $750 million stock buyback, with its company valuation potentially rising to $50 billion, yet the XRP token price continues to decline, exposing a decoupling phenomenon between the company and the token. Market confidence in Ripple and XRP is gradually diverging, requiring investors to clarify whether they are investing in company strength or token value, as they face challenges from regulation, utility, and market patience.

PANews1h ago

XRP Today's News: Rare Bottom Signal Appears, Technical Analysis Suggests Price Reversal Approaching

According to Glassnode data, XRP exhibits two major indicator signals indicating that the price is below its fair value, and the realized profit/loss ratio is approaching 1.0, which historically suggests a possible rebound. Additionally, XRP is consolidating within a symmetrical triangle pattern, with a key resistance at $1.50 and support at $1.30, as the market is about to experience a breakout in a specific direction.

MarketWhisper1h ago

US XRP spot ETF saw net outflows of $6.08 million yesterday, while SOL spot ETF saw net inflows of $3.92 million

Recently, data showed that as of 3 PM ET on March 12, the US XRP spot ETF saw net outflows of $6.0806 million, while the SOL spot ETF saw net inflows of $3.9248 million. The cumulative historical net outflows for XRP reached $17.8894 million, while SOL reached $961 million.

GateNews2h ago

Yesterday, the US XRP spot ETF experienced net outflows of $6.0806 million, with 21Shares and Franklin products leading the decline.

According to SoSoValue data, on March 12, the US XRP Spot ETF had net outflows of $6.0806 million, with 21Shares XRP ETF experiencing net outflows of $3.0891 million. The current total assets under management are $968 million, with cumulative historical net inflows reaching $1.208 billion.

GateNews3h ago
Comment
0/400
No comments