The esteemed digital asset platform and stalwart partner of Ripple, Uphold, has issued a most urgent and solemn warning to its clientele, who, as it happens, are predominantly holders of the enigmatic XRP token. A most disconcerting development, one might say. 🚨
In a tweet, Dr. Martin Hiesboeck, the venerable Head of Research at Uphold, revealed that the crypto exchange has been made aware of a most insidious phishing scam, which implores users to download a new desktop application. A most alarming development, one might say. ⚠️
Dr. Hiesboeck, ever the cautious sage, noted that this is not a legitimate request from Uphold, and urged users to exercise the utmost caution. In the event of receiving any suspicious emails or messages, he advised against the perilous act of clicking on links or downloading attachments, and instead recommended reporting such communications to Uphold’s official support. A most prudent course of action, one might argue. 🛡️
Scam alert ⚠️
We’ve been made aware of a phishing scam asking @UpholdInc users to download a new desktop application.
This is not a legitimate request from Uphold.Please be cautious of any such communications.
Uphold will never ask you to download software or applications… ” – Dr. Martin Hiesboeck (@MHiesboeck) November 17, 2025 🦠
Uphold, in its lofty position, ranks among the largest holders of XRP, boasting more than 1.5 billion XRP in reserves to facilitate trading and provide customer custody services. A veritable fortress of digital assets, one might say. 💰
In particular, the volume of XRP that users hold on the exchange surpasses their Bitcoin holdings by a factor of ten, an unusual trend when considering other centralized exchanges. Uphold was also an initial exchange partner at the debut of RLUSD in December 2024. A most curious arrangement, to be sure. 🤔
The XRP Community Urged to Stay Vigilant: A Call to Arms! 🛡️
Over the weekend, Ripple observed a most alarming surge in fake “Live” YouTube videos during and after the Swell event, urging the XRP community to remain ever-vigilant. A most disconcerting development, one might say. 🎥
In this light, Ripple implores the crypto community to stay vigilant, as neither it nor its employees will ever ask them to send XRP. A most reassuring sentiment, though one might question the necessity of such a warning. 🤷♂️
In a separate warning, RippleX cautions the XRP community to beware of scams, including fake Ripple or XRP livestreams, giveaways, or deepfake videos. It reiterated that Ripple employees will never ask them to send funds, share wallet information, or join investment streams. If in doubt, users are urged to verify information through Ripple and RippleXDev while safeguarding their XRP. A most prudent course of action, though one might wonder if such warnings are merely the usual suspects in the crypto underworld. 🕵️♂️
Read More
- EUR USD PREDICTION
- EUR ZAR PREDICTION
- USD CAD PREDICTION
- Brent Oil Forecast
- FIL PREDICTION. FIL cryptocurrency
- TRUMP PREDICTION. TRUMP cryptocurrency
- USD GEL PREDICTION
- Silver Rate Forecast
- EUR IDR PREDICTION
- SUI PREDICTION. SUI cryptocurrency
2025-11-17 15:55