Magnate Finance

Sora

Read

<ul> 
 <li>Ripple Labs warns against AI-enhanced scams impersonating executives.</li> 
 <li>Deepfake tactics involve mimicking voices and gestures for fraud.</li> 
 <li>Vigilance urged in verifying Ripple communications as AI advances make scams harder to spot.</li> 
</ul> 
<p>Ripple Labs Inc., the significant participant of the cryptocurrency industry, has just <a href="https://ripple.com/legal/how-to-identify-crypto-scams/?utm_campaign=&amp;utm_medium=organic_social&amp;utm_source=twitter" target="_blank" rel="noreferrer noopener">alerted</a> its user community about the increasing tendency of up-to-date scams. The firm stressed on the issue of cheaters deploying advanced AI tools to produce authentic-looking counterfeit endorsements and giveaways.</p> 
<p>The core of this warning from Ripple Labs centers on the dangerous use of artificial intelligence to mimic the appearance and voice of its executives, including CEO Brad Garlinghouse.&nbsp;</p> 
<p>Demonstrations provided by Ripple on the platform formerly known as Twitter showed how scammers could clone even subtle mannerisms to deceive the unsuspecting. These deepfakes often lure victims with promises of lucrative XRP giveaways, claiming to double their tokens, with potential values between 500 to 1,<a href="https://cryptonewsland.com/holding-over-50000-xrp/">000 XRP</a>.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">BREAKING: <a href="https://twitter.com/Ripple?ref_src=twsrc%5Etfw">@Ripple</a> will never ask you to send us XRP. Ever.<br>Neither will Brad, David, Monica, Stu, or anyone from Ripple.<br><br>Learn how to protect yourself from scams: <a href="https://t.co/ikEFe4uf3r">https://t.co/ikEFe4uf3r</a> <a href="https://t.co/No20jwLh9g">pic.twitter.com/No20jwLh9g</a></p>— Ripple (@Ripple) <a href="https://twitter.com/Ripple/status/1778460833795723474?ref_src=twsrc%5Etfw">April 11, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div>
</figure> 
<p>Ripple Labs emphasizes that such offers are fraudulent, as neither the company nor its executives would initiate such giveaways. Official communications regarding legitimate offers and promotions only come through verified Ripple channels.</p> 
<h2 class="wp-block-heading" id="h-advanced-ai-and-impersonation-tactics"><strong>Advanced AI and Impersonation Tactics</strong></h2> 
<p>The issue has been persistent, with Garlinghouse himself <a href="https://www.youtube.com/watch?v=EBDkcBY3F1s" target="_blank" rel="noreferrer noopener">addressing</a> the community about the rise of deepfake videos that falsely portray him promoting non-existent giveaways. These videos often show minor flaws, such as irregular mouth movements, which can alert a vigilant viewer to their falsity.</p> 
<p>However, given the rapid advancements in AI technology, recognizing these scams requires more than spotting visual anomalies. AI models like OpenAI’s Voice Engine and the new Sora video tool have made it increasingly difficult to differentiate real from fake without close scrutiny.</p> 
<p>Ripple Labs advises its community to maintain vigilance and prioritize verification before responding to any promotional claims or transferring any funds. This guidance is part of Ripple’s ongoing efforts to educate and protect its users from potential cyber threats facilitated by the misuse of emerging technologies.</p> 
<h4 class="wp-block-heading" id="h-read-aslo">Read aslo:</h4> 
<ul class="wp-block-yoast-seo-related-links">
 <li><a href="https://cryptonewsland.com/michael-saylor-warns-bitcoin-holders-of-deep-fake-scams/">Michael Saylor Warns Bitcoin Holders of Deep-Fake Scams</a></li>
 <li><a href="https://cryptonewsland.com/magnate-finance-exposed-as-exit-scam-amidst-warning-signs/">Magnate Finance Exposed as Exit Scam Amidst Warning Signs</a></li>
 <li><a href="https://cryptonewsland.com/crypto-scam-plagues-youtube-beware-amazon-coin-amztr/">Crypto Scam Plagues YouTube, Beware Amazon Coin – AMZTR</a></li>
 <li><a href="https://cryptonewsland.com/beware-of-address-poisoning-scams-ledger-warning/">Beware of Address Poisoning Scams: Ledger Warning</a></li>
 <li><a href="https://cryptonewsland.com/ripple-ceo-exposes-rising-deepfake-scams-on-youtube-protect-your-funds/">Ripple CEO Exposes Rising Deepfake Scams on YouTube, Protect Your Funds</a></li>
</ul> 
<p>The post <a href="https://cryptonewsland.com/ripple-labs-warns-of-increased-ai-powered-scam-risks/">Ripple Labs Warns of Increased AI-Powered Scam Risks</a> appeared first on <a href="https://cryptonewsland.com">Crypto News Land</a>.</p>

Ripple Labs Warns of Increased AI-Powered Scam Risks

Table of Contents

Crypto News Land

Other articles published on Apr 12, 2024

Aave fork on Blast mistakenly liquidated $26m

Hong Kong Crypto Exchanges Seek Expansion Abroad Amid Regulatory Hurdles

AI Colliding with Blockchain? Mike Novogratz Supports Reddit Founder's Stunning Prediction

XRPL Unveils AMM Upgrade Amid Surpassing 87M Ledgers

Bitcoin Price Poised for Long-Term Stability at $70K: Here’s Why

Bitcoin Meme Coin ‘PUPS’ Skyrockets Amid Runes Hype – Could It Be the Next Big Thing?

Join our free newsletter for daily crypto updates!