Ripple (XRP) CEO Speaks About The Problem With Bots On Twitter


✍️ 4 October, 2022 - 15:55 👤 Editor: Jakub Motyka

  • The CEO of Ripple joins the battle against fraudulent accounts and bots within Twitter.
  • This is not the first time that the CEO is involved in denouncing fake accounts and scams.
  • What has the bird network stated about it? Could this problem go away in the long term?

Bots are considered by many users to be one of Twitter's worst problems, and now Ripple's CEO adds to these complaints. Brad Garlinghouse, the CEO in question, has made a statement about the scam accounts, commenting that "I can't believe I still have to do this". The above is in reference to his denunciation of false accounts related to relevant figures in the world of crypto assets.

In the same tweet, the CEO shared an email where he shows what actions have been taken by the social network's support team. They have declared that the reported accounts are not violating any of the rules of the social network, nor its policies. Brad commented that “It's been years of vague responses from the app team. We are still waiting for some action, while thousands, if not more, are being scammed”.

What Do Bots Have To Do With Ripple?

Fraudulent accounts related to the crypto world, and bots that reply to users is something that is very common on Twitter. Some of the most important accounts were seen by crypto asset experts and market analysts.

One of the accounts posed as the CEO of Binance, sending “spam” messages in threads. On the other hand, the other major account used the image and name of Ripple's CEO, offering fake giveaways to users.

This is not the first time that the social network has faced accusations related to its bots. Elon Musk had a similar conflict, claiming that Twitter has not given concrete information about the bots within the network. He also mentions that there are a large number of fake accounts, these being many more than the platform has counted.

The Other Battles Of The CEO Of Ripple Against Social Networks

This is not the first time that Garlinghouse has openly accused a social network of its inefficiency in combating fraudulent accounts. In 2020, the company openly sued the video giant, Youtube.

According to his statements, he mentioned that “We are taking legal action against YouTube, as a precedent to generate responsibility. Youtube, like other big companies, does not take action to fight scams nor are they responsible for the consequences”.

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