InsideBitcoins.com

Fake YouTube Account Impersonates Ripple CEO, Promotes Fake XRP Airdrop

A fake YouTube account impersonating Ripple CEO Brad Garlinghouse has been spotted.

According to a tweet on the matter, the channel is being used to promote a scam regarding XRP airdrops.

With 276K subscribers and multiple tens of thousands of views per video, it’s likely that tons of people have actually fallen for this scam. After all, the cryptocurrency space is rife with things like this that prey on those less knowledgeable about the technology.

The Twitter user tagged Brad Garlinghouse, YouTube, Ripple, and other prominent relevant names in an attempt to take this down. As of this writing, there doesn’t seem to be a response by any of them.

Overall, users all over the cryptocurrency space have fallen to less-obvious scams such as these. Recently, a former United States senator was involved in an airdrop scam that promised big returns on an investment that just wasn’t realistic.

Elsewhere, two citizens in Canada were caught doing something similar, scamming users via cryptocurrency in an easy way to make quick cash.

It’s unfortunate that this is the state of things right now, but with such a nascent industry, users are bound to suffer from scams such as this. It will prevent some in the mainstream from adopting cryptocurrency and blockchain, but that will eventually improve the technology (and its security) improves.

Top brokers for buying and trading cryptocurrencies

  • Platform
  • Features
  • Rating
  • Visit Site
  • Excellent choice for U.S. customers
  • Paypal accepted
  • CySEC & FCA regulated
  • Buy 12+ cryptocurrencies
4.5/5

eToro Reviews

    eToro Reviews

    https://insidebitcoins.com/visit/etoro-newsCreate your account
    Hide eToro Reviews
    • Best broker for non-US countries
    • Established stock-exchange listed company
    • Trade crypto CFDs, forex and stocks
    • No withdrawal or deposit fees and low spreads
    4.5/5

    Plus500 Reviews

      Plus500 Reviews

      https://insidebitcoins.com/visit/plus500-newsCreate your account
      Hide Plus500 Reviews
      Remember, all trading carries risk. Views expressed are those of the writers only. Past performance is no guarantee of future results. The opinions expressed in this Site do not constitute investment advice and independent financial advice should be sought where appropriate. This website is free for you to use but we may receive commission from the companies we feature on this site.
      Avatar

      Cryptocurrency and games writer. Looking to the future by studying how these two industries can blend.

      Leave a Reply

      Your email address will not be published. Required fields are marked *