Beware… Scammers imitate Ripple CEO to entrap investors
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Answer Beware… Scammers imitate Ripple CEO to entrap investors
Scammers are taking advantage of all possible ways to catch their victims, recently a YouTube channel has appeared promoting a scam of temptation to win some XRP coins through free distribution.
The character of “Brad Garlinghouse”, CEO of Ripple, was used to promote a fake gift of 50 million XRP.
@YouTube Tweet embed @ripple Tweet embed Someone created an account on YT named Brad Garlinghouse and is using this video to promote the xrp airdrop scam. @YouTube You need to close this #XRP # Hahaha #ripple pic.twitter.com/T1fZzkHg7f
– Andy_SPQR ⚡️ (AndySpqr) March 23, 2020
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Fraud prevention:
The fake YouTube channel, which appears to have around 276,000 subscribers, has been spotted by some members of the Ripple community who are warning users not to fall victim to what the channel claims.
In addition to informing YouTube about this fraudulent video.
There are many fraudulent operations that take advantage of the YouTube platform and its popularity to gain access to the crypto audience, including what we have already mentioned in a previous topic:
A member of the Arab Bitcoin community tells the story of his exposure to a cryptocurrency scam
The method of imitating characters is one of the most famous methods of fraud, as we warn of it over and over again Arab Bitcoin Community In which also many scammers imitate the names and pictures of managers and supervisors to defraud newcomers.
The main rule to remember here in the crypto market is that nothing is free especially with regard to large projects such as Bitcoin, Ethereum, Ripple…
The fraud extends to different platforms other than the YouTube platform, where we also find fraudsters on the Twitter, Facebook, Instagram, Telegram…
Read:Terra Founder Officially Suggests Splitting From The Original Project (Hard Forking) To Reboot!
To keep caution and caution is the first priority that must be taken by users, because fraud and scams surround the crypto industry and criminals change and diversify their methods periodically.
Read also:
If you intend to buy bitcoin soon… beware of this fraudulent platform
The OneCoin Project: The Story of the Biggest Scam in Crypto History
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