<ul><li>An AI-generated fake video is circulating among crypto traders, in which Ripple’s co-founder is falsely promising to reward up to 150 million XRP cryptocurrency to existing XRP coin holders.</li><li>The video is proven to be 100% fake and forged, with no legitimate information about an XRP coin giveaway issued by Ripple or XRP Ledger developers.</li><li>Ripple has been under legal pressure due to a lawsuit filed by the United States Securities and Exchange Commission (SEC). The SEC recently filed an appeal to challenge a court ruling in which Ripple secured a win against the SEC's claim over the legal nature of the XRP coin.</li><li>The current trading price of XRP is $0.54, with a 0.33% increase over the past 24 hours. The token's trade price is down 19% year-to-date (YTD) due to the Ripple vs SEC lawsuit.</li></ul>

Ripple Co-founder Distributing 150 Million XRP Coin to XRP Holders: Scam Alert

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