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Fake NFT rewards scam drains XRP wallets, causing users to lose thousands in crypto theft.

Market News
03 Jul 2026
Tokenpost
View Source
Bearish
pluang ai news

XRP holders are targeted by a phishing scam using fake NFTs labeled as rewards or payouts to trick users into authorizing transactions that steal their XRP. One victim lost about $15,000 after approving a fraudulent NFT transaction that transferred funds to scammers. These fake NFTs are distributed widely due to low XRP Ledger fees and often have convincing names to appear legitimate. Security experts warn users to avoid unsolicited NFTs and verify all transactions through official channels to prevent losses amid rising crypto scams globally.

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