Fake Brad Garlinghouse gives away 50 million XRP on Youtube

by in Cryptocurrency News

Brad Garlinghouse scam

On a YouTube video hosting service, was found a fake account of the head of Ripple Brad Garlinghouse, on behalf of which scammers announced the distribution of 50 million XRP tokens in exchange for users' coins.

The video itself is not fake this is a February interview of Garlinghouse. However, in the description of the video, scammers offer users to send from 2 to 500 thousand XRPs and supposedly receive in exchange from 20 thousand to 5 million tokens.

At the time of the discovery of the account, the number of its subscribers reached 276 thousand, and about 76 thousand users watched the video.

Related: Elon Musk complained about crypto scammers: McAfee replied

The Twitter user, who first reported the scam, said he discovered the page through an advertisement in the YouTube feed. He believes that scammers buy YouTube channels with a large number of subscribers, and then delete all content and download similar videos.

While fraudulent accounts are being distributed on YouTube, the platform often removes real cryptocurrency content. In December, YouTube removed the video of Ethereum creator Vitalik Buterin and, due to a moderation error, blocked hundreds of cryptocurrency-related videos.