Is XRP a scam?
Asked about XRP (XRP), market cap rank #5.
Short answer
XRP (XRP) is rated BB on isthiscoinascam.com. This is a moderate score — some risk signals were raised but no critical concerns.
Source: isthiscoinascam.com · Updated 2026-05-24
Red flags raised
- Regulatory action has been taken against this project
- Public scam allegations have been raised
Positive signals
- High-profile venture capital backing from firms like Andreessen Horowitz and Pantera Capital.
- Achieved 100% decentralization milestone for the XRP Ledger.
- Active development and open-source codebase on GitHub.
Security audits
1 audit on record.
- Trail of Bits (2020-06-30) — pass
Team transparency
The XRP team is doxxed — public identities are known.
See the full report
Live price, contract security details, holder distribution, audit list, founder background and community ratings.
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