<p><a href="https://www.cryptopolitan.com/sec-corruption-claim-pits-ethereum-advisor-against-gasparino/" rel="noopener noreferrer nofollow">Brand Garlinghouse</a> has criticized scammers who are trying to impersonate him on social media platforms. In a post on X social media platform, Brad Garlinghouse posted something colorful and referred to them as “pathetic lowlifes”. Ripple will fight these fraudsters. A video of a double in plaid pajama pants advertising a giveaway scam that is common was posted by the CEO. This scam offers that double cryptocurrency will be transferred to the fake wallet.</p>
<p>In his comments, Garlinghouse emphasized that Ripple would never ask customers for XRP. He jokingly pointed out that at least the imitator nailed his hair. This is Ripple’s most recent initiative in its attempts to inform people of the continued misuse of his image and the company’s brand.</p>
<h2 class="wp-block-heading" id="strong-ai-technology-fuels-sophisticated-new-scams-strong"><strong>AI technology fuels sophisticated new scams</strong></h2>
<p>For many years, Ripple has been on the offensive in combating the issue of cryptocurrency scams. In 2020 the blockchain company sued the video hosting giant <a href="https://www.cryptopolitan.com/ripple-ceo-scam-on-youtube/" rel="noopener noreferrer nofollow">YouTube</a>. This lawsuit was in response to accusations that the platform did not prevent fraud in association with the Ripple brand. The company reached an agreement with YouTube in 2021, but this settlement has not stopped crafty fraudsters.</p>
<p>Although the law tries, scams only evolve; they become more sophisticated by using AI technologies. Lately, a disturbing deepfake of Brad Garlinghouse has shown up on social media. This deepfake precisely imitated his voice, reflecting the growing risk of such technologies in illegal activities.</p>
<h2 class="wp-block-heading" id="strong-brad-garlinghouse-urges-vigilance-in-latest-xrp-update-strong"><strong>Brad Garlinghouse urges vigilance in latest XRP update</strong></h2>
<p>In a subsequent posting, Garlinghouse advised the XRP community not to drop their vigilance. He complimented the production team of Ripple for their contribution to making the tutorial video.&nbsp;</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">To the pathetic lowlifes who try to use my or <a href="https://twitter.com/Ripple?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow" target="_blank">@Ripple</a>’s likeness to scam innocent folks out of their crypto – we see you, and we’re fighting back. <a href="https://t.co/2UiMrgc7HX" rel="noopener noreferrer nofollow" target="_blank">https://t.co/2UiMrgc7HX</a></p>— Brad Garlinghouse (@bgarlinghouse) <a href="https://twitter.com/bgarlinghouse/status/1778461525935862022?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow" target="_blank">April 11, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 </div>
</figure>
<p>The proactive communication approach of Garlinghouse is meant to stop the further scams by means of educating and involving the community. Ripple continues to confront AI scams by educating its clients on how to recognize and avoid such scams.</p>

Ripple CEO Brad Garlinghouse hits back at scammers, vows to fight fraud

Innehållsförteckning

Cryptopolitan_News

Andra artiklar publicerade 12 apr. 2024

Sam Bankman-Fried’s Fraud Case: Everything You Need To Know

Ponke Price Prediction: PONKE Pumps 73% As This Solana Rival Offers Last Chance To Buy After Blow...

Price Predictions for SUI and LUNC: Investors Look To Make Big Bank on the $RECQ Token Launch

Meta Introduces AI Chatbot on WhatsApp

Cryptocurrency Hedera Down More Than 4% Within 24 hours

Robert Kiyosaki critiques Bitcoin ETFs, prefers direct Control

Prenumerera på vårt nyhetsbrev och få kryptouppdateringar varje dag!