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Deepfake Video Promotes XRP Scam Impersonating Ripple CEO Brad Garlinghouse Deepfake Video Promotes XRP Scam Impersonating Ripple CEO Brad Garlinghouse

The scam

A deepfake video has emerged on YouTube promoting an XRP scam by impersonating Ripple CEO Brad Garlinghouse. The manipulated video, titled “Calling All Ripple Holders Immediately”, claims to double any XRP sent to a specified address. Redditor GabeSter shared the video on the r/Cryptocurrency subreddit, gaining over 20,000 views despite being unlisted on YouTube. The scam involves a fake “XRP X2” event and uses a barcode to deceive viewers.

Warning signs

Several red flags indicate the video is a scam. Similar deepfake promotional videos for crypto giveaways and money doubling schemes were reported in November and December. Additionally, Redditors warned against interacting with the QR code in the video. Furthermore, Garlinghouse has previously cautioned about such frauds, instructing people to only trust messages from official Ripple accounts.

YouTube’s response

According to Redditor Maxx3141, YouTube has refused to remove the video, claiming it doesn’t violate policies. Maxx3141 suggested this response may be due to bot-based moderation rather than human review.

History of scams impersonating Garlinghouse

This is not the first scam video impersonating Garlinghouse. In 2020, he similarly fronted a fake 100 million XRP giveaway. In response, Ripple sued YouTube, leading to an agreement in 2021 for YouTube to remove such fraudulent content.

Take action to protect yourself

To protect yourself from crypto scams, be wary of any promises of doubling money or giveaways. Do your research and only trust messages from official, verified accounts. Impersonation is a common tactic, so verify the source before taking any action.

Hope this helps! Let me know if you have any other questions.


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