In a most peculiar turn of events, akin to a scene straight out of a farcical comedy, Ripple‘s Chief Technology Officer, David Schwartz, found himself in the unenviable position of having to expose a fraudster masquerading as none other than Ripple’s esteemed CEO, Brad Garlinghouse. In what can only be described as a digital charade, an X user had the audacity to post a video, purportedly featuring Mr. Garlinghouse, pontificating about the grand future of XRP. One can only imagine the bewilderment and, dare I say, amusement this must have caused among the XRP community!
– David ‘JoelKatz’ Schwartz (@JoelKatz) September 5, 2025
Schwartz, ever the vigilant guardian of the crypto realm, swiftly responded with a GIF that screamed “SCAM ALERT!” as if to say, “Beware, good people, for the wolves are among us, dressed in sheep’s clothing and wielding digital shears!” His timely warning served as a beacon of caution to the XRP community, a community that, one might say, is no stranger to the occasional digital mischief.
Alas, in recent times, the crypto world has become a veritable playground for scoundrels and ne’er-do-wells, who take great delight in impersonating the likes of Brad Garlinghouse. These miscreants, with their cunning and nefarious ways, often splice together legitimate videos from media interviews or public speaking events, overlaying them with scam content designed to lead the unwary to phony websites or crypto wallets, all with the singular aim of plundering the unsuspecting. It’s enough to make one chuckle and weep at the same time!
And let us not forget the insidious deepfakes, those digital doppelgängers that can fool even the sharpest eye. In this particular case, the scammer had the audacity to use the visage of Mr. Garlinghouse to hawk a fraudulent website, a move so bold it would have made even the most seasoned con artist blush.
Warning issued
Deepfakes, dear reader, are a cunning beast, often indistinguishable from the real thing, leading to the spread of misinformation, crypto scams, and other dubious deeds. The unsuspecting user, lured by the promise of riches or insider knowledge, may find themselves directed to fake web domains, complete with a public “send to” wallet address, a digital black hole from which there is no return.
To protect oneself from such treachery, it is advised to exercise caution when approached with requests for financial details, even if they appear to come from a trusted source. After all, in the world of crypto, trust but verify, lest you find yourself the victim of a digital swindle!
And just last month, in a move that could be seen as a preemptive strike against the forces of digital darkness, Ripple announced its partnership with TRM Labs’ real-time crypto crime response network, Beacon. A beacon, indeed, for those navigating the choppy waters of the crypto world.
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2025-09-06 19:35