Line a large baking tray with parchment and set it aside. Blend the regular Oreo cookies into fine crumbs using a food processor or blender. Transfer to a bowl and set aside.
In the same food processor, blend the red velvet Oreo cookies into fine crumbs and set aside.
In a medium mixing bowl with a hand mixer on medium-high speed, beat one HALF of the softened cream cheese until creamy and smooth.
Add the regular Oreo crumbs to the bowl and mix together with the hand mixer until well combined. Clean the beaters before moving onto the next flavor.
In a separate mixing bowl, beat the other HALF of the softened cream cheese until smooth. Add the red velvet Oreo crumbs to the bowl and beat together until well combined.
Use a 1.5” cookie scoop to make even sized scoops and then mold it into a cube using your hands. Place onto the prepared baking tray and refrigerate for 2 hours. Chilling the truffles will help them to keep their shape when dipping into the melts.
In the meantime, make the bows by melting each color of desired candy melts and placing them into the silicone molds. Be sure to wipe the edges so it comes out clean. Refrigerate until set.
Reserve ¼ cup of green candy melts to use for the ribbons. Prepare a double boiler over low heat or use a candy melting pot and melt the remaining dark green candy melts until smooth. Stir often to ensure it heats evenly. Do not heat on too high of a heat otherwise it will seize and thicken.
Dip each truffle one at a time into the melts and remove it using a fork. Tap the fork against the pot or bowl to help remove any excess melts and to thin out the coating. Place the truffle back onto the prepared baking tray. Immediately top with sanding sugar or sprinkles if desired. Repeat with 5-6 more truffles using the same color.
Clean the double boiler and repeat the steps using the red candy melts and then again using the white candy melts. Remember to reserve ¼ cup of each color candy melts to use for making the present ribbons.
Once all of the truffles are coated, place each of the reserved colors of candy melts into their own microwave safe piping bags. Microwave on a low or defrost setting until fully melted. Massage the contents of the bag every minute to ensure it heats evenly.
Snip a small piece of the tips off of the piping bags and carefully drizzle over the presents to make a ribbon. It should be like a cross, over the top. Immediately top with a mini bow.
Allow the coating to fully set before serving. You can place them in the refrigerator to help them harden faster. Enjoy!