Ripple CEO Brad Garlinghouse has warned followers about cryptocurrency scammers impersonating him using deepfake to empty users' pockets.
Brad Garlinghouse posted a funny video clip on social media X with his doppelgänger in plaid pajama pants, a robe and headphones, playing the role of an attacker. The scammer, portrayed by Garlinghouse, is supposed to announce the giveaway, encouraging users to send him a couple of XRP coins to a specified address, in exchange promising to return double the amount.
The real Garlinghouse, wearing a serious suit and tie, warned that Ripple would never ask users to send it XRP. The head of Ripple explained that with this comic clip, the company seeks to repel the pathetic scoundrels who are trying to use his personality, photo and appearance for nefarious purposes. At least the attackers give him a good haircut, Garlinghouse sneers.
BREAKING: @Ripple will never ask you to send us XRP. Ever.
Neither will Brad, David, Monica, Stu, or anyone from Ripple.Learn how to protect yourself from scams: https://t.co/ikEFe4uf3r pic.twitter.com/No20jwLh9g
— Ripple (@Ripple) April 11, 2024
Ripple has been fighting cryptocurrency scammers who take advantage of the company's reputation for many years. In 2020, Ripple sued the video hosting platform YouTube for distributing fake videos about cryptocurrencies. In 2021, Ripple settled a dispute with YouTube over facilitating fraudulent XRP giveaways, but this did not end the scam. Last year, attackers published a video of a conference where Garlinghouse allegedly spoke and encouraged people to transfer between 1,000 and 500,000 XRP.
Ethereum co-founder Vitalik Buterin proposed a way to combat deepfakes – to introduce personalized security questions to authenticate users.
Source: Cryptocurrency
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