Spot the Real Brad Garlinghouse: Ripple Shows How To Stay Safe From Scams Amidst Uptick

As the crypto market is surging following Donald Trump's selection of Paul Atkins as the SEC Chair and PayPal pioneer David Sacks as the crypto czar, Ripple has shared a scam warning video featuring its CEO Brad Garlinghouse.

Earlier, the Ripple CEO was in the race to be the next crypto czar and he lauded Atkins' appointment as the SEC Chair.

Ripple shared a fun anti-scam reminder video through a post on the social media platform X which shows Garlinghouse as its star. The hilarious video shows two Brad Garlinghouse - one real and one fake.

The real Ripple CEO is seen wearing a suit while the fake one is in a bathrobe. The fake one promises Big wins for crypto users if they click the “link in the bio”, along with an XRP giveaway if the users send him 500 XRP.

Apparently, the fake Garlinghouse is making promises of doubling the amount for XRP holders.

However, the real Ripple CEO busted this bluff saying “Ripple will never ask you to send us XRP”. The real Garlinghouse also points out how Ripple will never ask holders to send their wallet addresses. Ultimately, the real one reports the fake CEO to stop the scam.

The video ends with the anti-scam reminder “Stay aware. Stay safe” with the real Ripple CEO, suited Brad Garlinghouse looking at his fake avatar and saying, “At least they got my hair right”.

The post is captioned with the message that It is important to be alert during market upticks.

This came at times when XRP saw an over 11% jump yesterday with crypto whales making huge purchases.

Various large transactions were observed in the last 24 hours which resulted in a cumulative movement of 273.4 million XRP.

Interestingly, the biggest transfers happened on South Korean crypto exchanges Bithumb and Upbit. While Bithumb saw 100,000,000 XRP worth $273,287,094 transactions Upbit witnessed 60,000,000 XRP withdrawal valued at $159,509,842.

Additionally, crypto exchange Binance witnessed 24,999,991 XRP withdrawals valued at $67,237,760 which has been marked as the most recent transfer.

Other crypto whale transactions include 20,000,000 XRP; 18,400,000 XRP and 50,000,000 XRP anonymous withdrawals.

XRP achieved the status of the third largest coin yesterday as it rose to $2.87 on Monday with a $139 billion market cap. Later on, it dropped to $2.77 yesterday.

At press time, XRP is down 1.20% in the last 24 hours to trade at $2.38 with a 41.90% decline in its trading volume which is now at $14.20 billion and the market cap fell to $135.67 billion.

Garlinghouse’s crusade against scams

Earlier in September, the Ripple CEO had to intervene when India’s Supreme Court’s YouTube account was hacked to promote XRP.

This resulted in Brad Garlinghouse tweeting “Unfort this feels like my annual PSA (and yes, I sound like a broken record): @Ripple and execs will NEVER ask you to send us XRP. It’s pathetic to see scammers prey on & exploit innocent crypto users, and the ease at which social media platforms allow it to happen. Stop, spot, avoid – protect yourself.”

Ripple is known to take legal action against these scams. In 2020, the company filed a lawsuit against YouTube, accusing it of not doing enough to stop fake crypto promotions. It was later settled in 2021, but Garlinghouse continues in its crusade for safeguarding people from social media-mediated crypto scams.