XRP Phishing Alert Issued: Why It Matters

XRP community put on notice as security warnings surface.

Tomiwabold Olajide · 3 Aug 2026 · 5 min read

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XRP Phishing Alert Issued: Why It Matters

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By
Tomiwabold Olajide

Mon, 3/08/2026 – 13:55

XRP community put on notice as security warnings surface.

XRP Phishing Alert Issued: Why It Matters

Cover image via U.Today

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Fresh security warnings have targeted XRP users amid an ongoing scam wave. In one such warning, Xora Finance issued an XRP phishing alert in an X post, putting the XRP community on notice as fake sites clone Flare Network, XORA, and other XRP brands.

This security notice was shared by Joren Lundgren, Xora Finance founder, who urged caution as a group of South Korean scammers targets the XRP community specifically. “There is a very sophisticated operation going on,” Lundgren added.

🚨 XRP PHISHING ALERT 🚨

Fake sites clone Flare Network, XORA and other XRP brands.

South Korean police separately probe fake staking sites. Estimated losses exceed ₩20B, about US$13.4M.

✅ Use https://t.co/r8t2vgKhAu
❌ Avoid ad and DM links
🔁 Share across the XRP community

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A fake Flare Network staking site robbed 71 investors of 3.4 million XRP worth roughly $8.5 million, according to Seoul police. While South Korean police are probing fake staking sites, Xora Finance urges XRP holders to avoid ads and DM links.

Warnings issued

A similar security notice was put out by Xaman wallet, which noted an ongoing scam wave against XRP holders. Xaman wallet reiterated a longstanding warning, saying it will never DM or email users. It will also never issue a token or an airdrop, and its support exists only inside Xaman and nowhere else.