Deepfake Video featuring Ripple CEO Brad Garlinghouse Circulates on YouTube
A deepfake video of Ripple CEO Brad Garlinghouse has surfaced on YouTube, urging XRP holders to send their coins for a promised doubling, a classic ploy fraudsters employ. This has raised concerns within the XRP community about the persistence of deepfake content on major platforms like YouTube.
Ripple CEO’s Deepfake Scam Raises Questions about Content Moderation
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. Reddit users who discovered the video expressed concerns about the efficacy of content moderation policies on platforms like YouTube.
Scammers Use Deepfake Video to Lure Investors
Scammers have employed a deepfake video featuring an AI-generated likeness of Ripple CEO Brad Garlinghouse to lure investors into sending their XRP tokens with the promise of a double return. This deceptive tactic has been consistently cautioned against by prominent figures from Ripple.
Google Refuses to Remove Controversial Deepfake Ad
Despite being flagged as a scam and facing disapproval from the community, Google’s Trust and Safety Team has chosen not to remove the deepfake ad. This decision raises concerns about the adequacy of Google’s content moderation in addressing emerging threats.
Investors Should Exercise Due Diligence
Given the increase in crypto scams and frauds, it is crucial for investors to exercise due diligence before making any move. The Ripple community has provided warnings to market participants to stay away from potential frauds.
Hot Take: Deepfakes Pose Challenges for Content Moderation
The circulation of a deepfake video featuring Ripple CEO Brad Garlinghouse on YouTube highlights the challenges faced by major platforms in moderating content effectively. The refusal to remove the video raises concerns about the adequacy of Google’s content moderation policies and their ability to address emerging threats. As deepfake technology becomes more sophisticated, it is imperative for platforms to adapt their moderation strategies to protect users from fraudulent activities and scams. The incident serves as a reminder for crypto investors to be cautious and exercise due diligence when engaging with online content.