Ripple Labs announced a donation of $200,000 to two different non-profit organizations on March 25. These donations will help in the fight to comprise the spread of the coronavirus throughout the U.S.

In a tweet published on Ripple's official profile, the lab stated that $100,000 will become to the Tipping Betoken Emergency'due south Response Fund and the Silicon Valley Customs Foundation's COVID Regional Response Fund, respectively.

California's non-profits favored by the Ripple Labs donation

Tipping Bespeak, which is a San Francisco-based non-profit system, works to combat poverty in the California city thank you to a network of partners who support the cause. They hope to raise $1 1000000 in total for the COVID-19 response initiative.

On the other hand, The Silicon Valley Community Foundation is focused on containing the effects of COVID-nineteen throughout the Silicon Valley area. This is an especially prescient movement during a time when governments around the world accept taken measures to ensure that citizens are observing proper social distancing procedures.

However, scams impersonating cryptocurrency foundations have also appeared on the scene.

YouTube scam impersonating Ripple's CEO

A  YouTube scam, previously reported by Cointelegraph on March 24, consisted of a YouTube account impersonating Ripple CEO, Brad Garlinghouse. The business relationship openly promoted a fraudulent crypto airdrop.

Garlinghouse posted a warning through his Twitter account, directly addressing the emergence of scammers through YouTube:

"Plenty is enough -- in a fourth dimension of global crisis, when people are specially vulnerable -- social platforms need to hold scammers (crypto and otherwise) accountable for stealing money from innocent victims with imitation giveaways."