If you get a notification about a free “Ripple Payout Token” in your XRP wallet — do not touch it. It’s a scam, and it just cost one person $15,000.
Bithomp, an XRP blockchain explorer, flagged the campaign. Scammers are minting fake NFTs with names like “Ripple Payout Token #7357,” “XRP Cashback Card,” “Ripple Benefit Badge,” and “XRP Earning Permit.” They drop them into active wallets or promote them on social media.
The trap: you connect your wallet and sign what looks like a token claim. But that transaction — logged as NFTokenAcceptOffer — authorizes a massive withdrawal. Your balance gets transferred out. You get a worthless NFT in return.
The XRP Ledger’s low fees make this cheap for scammers. They mint hundreds of these a day. The names sound official on purpose. Urgency, authority, fake legitimacy — it’s the same playbook.
Crypto scams are getting worse. The FBI says Americans lost over $11.3 billion to crypto fraud in 2025. Chainalysis estimates $17 billion globally in 2026. AI is making impersonation scams harder to spot.
Bottom line: if it claims to be free money, it isn’t.
