XRP In a recent announcement, Ledger officials drew attention to a fraud method using “deepfake” technology. Scammers claim a “gift” by impersonating Ripple CEO Brad Garlinghouse.
The deepfaked video claims to accurately mimic Garlinghouse’s voice and appearance, offering unwary viewers the chance to double their wealth if they send at least 1,000 XRP to the scam address.
Koinfinans.com As we reported, it attracted attention at a time when cybercriminals are using increasingly advanced techniques to exploit crypto investors.
RippleDespite ‘s successes, bad actors continue to continually target the XRP community. The 2023 Swell conference recently held in Dubai highlighted Ripple’s growth, which CEO Brad Garlinghouse attributed to Dubai’s pro-innovation regulatory environment.
As deepfake technology advances, it looks like investors in the crypto world will have to be increasingly careful. Fraudsters continue to develop new and more convincing tactics and resort to different methods.