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Deepfake Scam Targets XRP Community with Fabricated Brad Garlinghouse Video

Deepfake Scam Targets XRP Community with Fabricated Brad Garlinghouse Video

Author:
XRP News
Published:
2025-08-09 00:18:12
16
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[TRADE_PLUGIN]XRPUSDT,XRPUSDT[/TRADE_PLUGIN]

In a concerning development for the XRP community, fraudsters have leveraged advanced deepfake technology to circulate a fake video featuring Ripple CEO Brad Garlinghouse. The AI-generated content promotes a non-existent XRP reward program, exploiting recent legal developments to appear credible. Security experts highlight the sophistication of these manipulations, which blend voice cloning and visual synthesis to deceive unsuspecting victims. This incident underscores the growing challenges of digital trust in the cryptocurrency space, particularly as malicious actors exploit cutting-edge AI tools for financial scams. The XRP community is urged to remain vigilant and verify information through official channels to avoid falling prey to such elaborate schemes.

Deepfake Scam Video Targets XRP Community

Fraudsters have deployed advanced deepfake technology to exploit the XRP community, circulating a fabricated video featuring Ripple CEO Brad Garlinghouse. The AI-generated content falsely promotes a non-existent XRP reward program, capitalizing on recent legal developments to lend credibility to the scam.

Security experts warn that such sophisticated manipulations blur the line between reality and deception, with voice cloning and visual synthesis reaching alarming levels of authenticity. Ripple's Chief Technology Officer David Schwartz has publicly denounced the fraudulent scheme, emphasizing its complete lack of affiliation with the legitimate company.

The incident underscores growing cybersecurity challenges in cryptocurrency markets, where bad actors increasingly leverage cutting-edge technology to prey on investor enthusiasm. Regulatory bodies and blockchain firms face mounting pressure to develop countermeasures against such AI-powered financial fraud.

XRP Price Prediction 2025: Analyst Sees $5+ as Dominance Breaks Out

XRP is capturing market attention not just through price action but through historic performance metrics. The asset has surged 277% against Bitcoin over the past year, peaking at $3.66 before stabilizing near $3.45. Technical analyst EGRAG CRYPTO identifies a bullish pennant breakout on XRP's dominance chart, signaling potential gains of 21% to 275%.

The Visible Range Volume Profile (VRVP) indicator reveals a critical threshold at 5.75% dominance. A sustained breach could trigger what EGRAG terms the "Kaboom phase"—a period of exponential growth. Fibonacci projections suggest even conservative targets could propel XRP's market cap into the trillions if crypto's total capitalization reaches $10 trillion.

Ripple-SEC Legal Battle Faces Prolonged Uncertainty Amid Regulatory Complexity

The protracted legal showdown between Ripple and the U.S. Securities and Exchange Commission takes a new turn as settlement talks fail to materialize. Securities attorney Marc Fagel underscores the absence of formal negotiations, attributing delays to intricate regulatory procedures rather than backroom dealings.

Market observers note the case's gravitational pull on XRP's valuation, with each procedural delay injecting volatility. Fagel's analysis suggests a grinding bureaucratic machinery at work—regulators prioritizing meticulous process over expediency, regardless of market appetite for resolution.

Ripple’s XRP Breaks 2018 Record After Trump’s Historic Crypto Law

Ripple Labs CEO Brad Garlinghouse hailed a "historic day for crypto" as XRP surged to a new all-time high of $3.65, eclipsing its January 2018 peak. The rally followed U.S. President Donald Trump's signing of the Genius Act, legislation poised to redefine stablecoin regulation in the $250 billion market.

Garlinghouse, celebrating remotely, underscored the event's significance through social media, reposting White House images featuring Ripple's Chief Legal Officer Stuart Alderoty. The CEO noted Trump's pivotal role in advancing the pro-crypto bill, while revealing the Trump family's reported $2 billion crypto portfolio gains—a testament to deepening ties between digital assets and political leadership.

The Genius Act marks a watershed in U.S. crypto policy, replacing regulatory ambiguity with clear stablecoin frameworks. Market observers anticipate ripple effects across exchanges and altcoins as institutional adoption accelerates under the new regime.

Expert Advises Holding XRP Despite Recent Surge, Citing Future Potential

XRP's recent rally to a multi-year high of $3.65 has sparked debate among investors, but prominent market commentator JackTheRippler argues the token remains a strong buy. Regulatory progress and speculation about a resolution to Ripple's legal battle with the SEC fueled the surge.

While some retail investors express concern about entry points, analysts emphasize XRP's upside potential—particularly if the SEC approves spot XRP ETFs. The token's current consolidation above $3 suggests institutional interest may be building.

Historical patterns indicate crypto assets often experience multiple parabolic phases during bull markets. XRP's relatively low circulating supply compared to market cap could amplify price movements during renewed demand surges.

Ripple CTO Clarifies XRP's True All-Time High Amid Market Debate

Ripple Chief Technology Officer David Schwartz has reiterated his stance on XRP's historical price peak, dismissing claims that the cryptocurrency surpassed $3.84 during its January 2018 rally. Recent market activity saw XRP touch $3.66, sparking renewed discussion among investors about whether the asset had entered price discovery mode or remained below its previous record.

Uphold, a U.S.-based exchange known for its XRP support, solicited community feedback on the matter. Responses revealed divided opinions, with some participants citing the $3.84 figure while others referenced Schwartz's earlier analysis. The CTO had previously attributed inflated historical price data to currency conversion anomalies, particularly involving South Korean won trading pairs, and maintains XRP's authentic all-time high stands NEAR $2.80.

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