November 27, 2023
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December 22, 2023
Reddit users discover a deepfake video scam of Ripple CEO Brad Garlinghouse on YouTube, urging XRP holders to send coins for a promised double return—a classic scam tactic.
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The scam was first noticed on YouTube on November 25 and again on December 3, indicating an ongoing issue.
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Viewers are lured to send XRP to a designated address with the promise of double returns in a fake giveaway.
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Despite clear indications, Google reportedly declines to take down the scam video, claiming it doesn't violate policies.
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Redditors share an unsearchable, unlisted YouTube video of the scam, amassing over 17,000 views, highlighting its potential reach.
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Reddit users warn against interacting with the video's QR code to prevent financial losses, emphasizing user vigilance.
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Ripple's CTO, David Schwartz, had previously cautioned investors about increasing XRP scams on July 14, following a court ruling, clarifying no associated airdrops, giveaways, or special offers.
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