Ripple donates $200,000 for the fight against the Covid-19 pandemic

26 Jun 2022 13:52
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his March 25th, Ripple Research Lab announced a donation of 200,000 cryptos to two different non-profit organizations. This is an action towards the community, contributing to the fierce battle with the corona virus that is spreading throughout the United States.

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On the official Ripple page, the Lab shows its gratitude by stating the amount donated to the Tipping Point Emergency Response Fund and the Silicon Valley Community Covid Response Fund.

Tipping point is a non-profit organization in San Francisco that aims to contribute to poverty alleviation for Bay Area residents through crypto donations from benefactors and donors. In the proactive campaign against Covid-19, the organization hopes to raise a total of 1 million dollars.

See more: Ethereum Downtrend Verdict: Price Going Even Lower!

Ripple Research Lab donates $200,000 for the fight against the global Covid-19 epidemic

Elsewhere, the Silicon Valley Community is also focusing on the impact of Covid-19 in their region. This is a foreseeable action as governments around the world advocate for implementing measures to ensure citizens comply with appropriate isolation measures.

However, in the current chaotic context, in front of the beautiful charity donation, Ripple has been smeared by a few fraudulent organizations impersonating. On March 24, a YouTube account impersonating Ripple CEO, Brad Garlinghouse, was reported for publicly promoting a fraudulent cryptocurrency. Garlinghouse wrote a warning on his personal Twitter page about the urgency of this YouTube scam:

"That's enough! In times of global crisis like this, people are extremely sensitive and vulnerable. Social platforms need to hold scammers (cryptocurrency or whatever) accountable for stealing money from innocent victims through phishing.”

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