Image Credit: kryptomoney

Jan 10, 2024

Ripple CEO Criticizes Elon Musk's X for Ignoring XRP Scams

By: Bhumi Shrivastava

The deepfake featured a realistic Garlinghouse promising an airdrop to XRP holders, highlighting the growing complexity of XRP-related scams.

AI-Generated Imitation

Image Credit: Forbes

Ripple's frustration with YouTube deepens as the platform remains inactive against deceptive practices, despite previous legal actions.

YouTube's Inaction

Image Credit: U.Today

Scams involving Ripple and XRP have been a long-standing issue, with the recent deepfake incidents marking a troubling escalation.

Persistent Problem

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Ripple previously took legal action against YouTube for inadequately addressing fraudulent content misrepresenting the company and its executives.

Image Credit: Indulge EXpress

Legal Action Against YouTube

U.S. Securities and Exchange Commission faces a security breach on social media, prompting Ripple's chief legal officer to criticize the SEC's lack of adherence to cybersecurity rules.

SEC's Cybersecurity Woes

Image Credit: The Block

Crypto scammers compromise SEC's official social media, spreading fake news about spot-based Bitcoin ETF approval, exposing vulnerabilities in the regulatory body's cybersecurity practices.

Scammers Targeting SEC

Image Credit: Seeking Alpha