rest_is_ip_address( string $ip )

function rest_is_ip_address( $ip ) {
	$ipv4_pattern = '/^(?:(?:25[0-5]|2[0-4][0-9]|[01]?[0-9][0-9]?)\.){3}(?:25[0-5]|2[0-4][0-9]|[01]?[0-9][0-9]?)$/';

	if ( ! preg_match( $ipv4_pattern, $ip ) && ! Requests_IPv6::check_ipv6( $ip ) ) {
		return false;
	}

	return $ip;
}