Ripple impersonation scam: a manipulated video using Brad Garlinghouse’s likeness is being shared on X to steer users to fake XRP sites and wallet addresses. Ripple CTO David Schwartz flagged the scam; do not send funds, verify sources via official Ripple channels, and report suspicious posts immediately.
-
Scammers use deepfakes or edited footage to push fake XRP sites and wallet addresses.
-
Ripple CTO David Schwartz publicly warned the community on X after a scam video circulated.
-
Users should verify announcements via official Ripple channels and use security tools; Ripple joined the TRM Labs Beacon network to combat real-time crypto crime.
Ripple impersonation scam alert: Brad Garlinghouse deepfake circulates on X — learn how to verify, protect your XRP, and report fraudulent wallet addresses now.
What is a Ripple impersonation scam?
Ripple impersonation scam is a fraud that uses edited videos or deepfakes of executives like Brad Garlinghouse to promote fake XRP websites or wallet addresses. These scams aim to trick users into sending funds or disclosing credentials by mimicking legitimate statements or events.
How did Ripple CTO David Schwartz respond to the scam?
David Schwartz publicly flagged an X post that featured a manipulated video of Brad Garlinghouse and added a clear “scam alert” GIF to warn followers. His response sought to stop the spread quickly and remind users to verify any financial requests via official channels.
How can users spot an XRP deepfake or impersonation scam?
Follow these practical checks to verify authenticity before engaging with any crypto-related message that requests funds or sensitive information.
- Verify the source: Check the post origin and cross-check the announcement on official Ripple channels and verified company accounts.
- Watch for redirects: Do not click links that lead to unfamiliar domains or prompt immediate transfers; fraudulent posts often end on a “send to” wallet page.
- Inspect the media: Look for audio/video glitches, mismatched lip-sync, or overlays that indicate edits or deepfakes.
- Confirm via multiple channels: Use official Ripple communications or reputable security partners to confirm legitimacy.
- Report and block: Report the account to the platform and block the poster to prevent further exposure.
Why are impersonation scams increasing in crypto?
Impersonation scams have grown as bad actors exploit readily available editing tools and deepfake techniques. High-profile figures draw attention; manipulated media increases credibility for fraudulent messages and accelerates fund theft.
What role do security networks play?
Security networks and analytics firms provide real-time monitoring and response to crypto crime. Ripple’s participation in TRM Labs’ Beacon network increases collaboration on threat detection and incident response across the industry.
Frequently Asked Questions
How should I report a suspected XRP impersonation scam?
Report the post to the platform’s abuse system immediately and preserve screenshots. Notify official Ripple channels and consider reporting the wallet address to blockchain analytics firms for monitoring.
Can deepfakes be reliably detected by users?
Many deepfakes are convincing, but users can spot signs like unnatural facial movements, audio mismatches, or inconsistent context. When in doubt, verify with multiple official sources before acting.
Key Takeaways
- Scams use manipulated media: Fraudsters edit or deepfake videos of public figures to add credibility.
- Verify before sending: Always confirm financial requests via official Ripple channels and trusted partners.
- Use security networks: Participation in networks like TRM Labs’ Beacon enhances real-time detection and response.
Conclusion
This Ripple impersonation scam highlights an ongoing threat: manipulated media can quickly spread false calls to action. Users should adopt verification habits, report suspicious content, and rely on security partners for incident response. COINOTAG will continue to monitor developments and provide updates.
Published: 2025-09-06 | Updated: 2025-09-06
Author: COINOTAG