As Google refuses to remove the deepfake fraud involving the CEO of Ripple from YouTube, community content moderation concerns persist.
In a peculiar development, Ripple CEO Brad Garlinghouse appears in a deepfake video that has surfaced on YouTube. The video urges XRP holders to transfer their coins for a guaranteed doubling, a well-known scheme fraudsters utilize. Despite numerous complaints from Reddit users, Google has opted to retain the video, inciting discontent among the community.
This contentious determination brings into focus concerns regarding the effectiveness of content moderation policies implemented by prominent platforms such as YouTube.
Ripple CEO’s Predicament Regarding The Deepfake Scam
A deepfake video circulating on YouTube purporting to show Ripple CEO Brad Garlinghouse soliciting XRP holders to submit their tokens in exchange for a lucrative return has caused unrest in the XRP community. Notably, fraudsters frequently employ this strategy to entice investors.
In the interim, Reddit individuals who came across the video on November 25 voiced apprehensions regarding the continued existence of deepfake material on YouTube. In defiance of criticism and allegations, Google has chosen not to remove the video, citing the absence of a policy violation.
In the past, notable individuals affiliated with Ripple, such as CTO David Schwartz and CEO Brad Garlinghouse, have consistently issued advisories to investors regarding the emergence of XRP fraud schemes.
Displaying an AI-generated visage of Garlinghouse, the deepfake video solicits viewers to partake in an XRP event, with an emphasis on the questionable procedure of transferring tokens to a specified address to receive a purported double return; this action is unequivocally indicative of fraudulent intent.
Google Denies Eliminating The Scam Ad
In the face of widespread disapproval and evident indications of fraudulent activity, Google’s Trust and Safety Team has decided to retain the deepfake advertisement.
Significantly, a Reddit user uploaded a screenshot of Google’s reply, in which the company affirmed its stance against policy violations and urged the user to furnish further details within six months.
In light of the video’s persistence in being undownloaded, apprehensions are expressed regarding the effectiveness of Google’s content moderation in mitigating emergent threats; consequently, individuals are prudent about potential financial liabilities linked to the deepfake advertisement.
Amidst the recent surge in cryptocurrency schemes and frauds, it is prudent for investors to conduct thorough due diligence before undertaking any action. Notably, the Ripple community has issued market participants several cautionary alerts regarding these possible forgeries.