Google Makes Controversial Decision On Ripple CEO Deepfake Scam

In a bizarre turn of events, a deepfake video featuring Ripple CEO Brad Garlinghouse has surfaced on YouTube, urging XRP holders to send their coins for a promised doubling, a classic ploy fraudsters employ. Despite multiple reports from Reddit users, Google has chosen not to remove the video, sparking frustration within the community.

Notably, this controversial decision raises questions about the efficacy of content moderation policies on major platforms like YouTube.

Ripple CEO’s Deepfake Scam Dilemma

The XRP community is in turmoil as a deepfake video of Ripple CEO Brad Garlinghouse circulates on YouTube, soliciting XRP holders to send their tokens with the promise of a lucrative return. Notably, it is a common tactic employed by scammers to lure investors.

Meanwhile, Reddit users, who discovered the video as early as November 25, expressed concerns about the persistence of deepfake content on YouTube. Despite reports and disapproval, Google has opted not to take down the video, citing a lack of policy violation.

Previously, prominent figures from Ripple, including CTO David Schwartz and Ripple CEO Brad Garlinghouse, have consistently cautioned investors about the rise of XRP scams. The deepfake video, displaying an AI-generated likeness of Garlinghouse, invites viewers to participate in an XRP event, emphasizing the dubious practice of sending tokens to a designated address for an alleged double return, a clear red flag for fraudulent activity.

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Google Refuses To Remove the Scam Ad

Despite the glaring signs of a scam and community uproar, Google’s Trust and Safety Team has controversially chosen not to remove the deepfake ad. Notably, a Reddit user shared a screenshot of Google’s response, revealing their decision not to violate policies and encouraging the user to provide more information within six months.

Meanwhile, the refusal to take down the video raises concerns about the adequacy of Google’s content moderation in addressing emerging threats, leaving the community wary of potential financial risks associated with the deepfake ad.

So, considering the recent increase in crypto scams and frauds, investors should exercise due diligence before making any move. Notably, the Ripple community has provided several warnings to the market participants to stay away from these potential frauds.

Also Read: XRP Price Soars As Whales Reshuffle 182 Mln XRP, Price Rally To Sustain?

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Rupam Roy

Rupam is a seasoned professional with three years of experience in the financial market, where he has developed a reputation as a meticulous research analyst and insightful journalist. He thrives on exploring the dynamic nuances of the financial landscape. Currently serving as a sub-editor at Coingape, Rupam's expertise extends beyond conventional boundaries. His role involves breaking stories, analyzing AI-related developments, providing real-time updates on the crypto market, and presenting insightful economic news. Rupam's career is characterized by a deep passion for unraveling the complexities of finance and delivering impactful stories that resonate with a diverse audience.

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