Ripple CTO Warns XRP Holders. Here’s why
Main Idea
Ripple CTO David Schwartz warns XRP holders about impersonation scams on platforms like Instagram and YouTube, emphasizing the importance of verifying official communication channels.
Key Points
1. David Schwartz, Ripple's CTO, denied posting on Instagram and warned against fake profiles claiming to be him.
2. Ripple has previously alerted the public about fraudulent activities, including hijacked YouTube channels modified to resemble Ripple's verified profile.
3. Scammers use these unauthorized channels to request users to send XRP or other digital assets to unknown wallets.
4. Schwartz reaffirmed Ripple's stance that any impersonations on platforms like Instagram or YouTube should be reported and ignored.
5. The incident highlights the challenges public figures face in combating misinformation and the importance of verifying official communication channels.
Description
David Schwartz, the Chief Technology Officer of Ripple, has publicly denied any association with Instagram after a user on X named Anisa referenced his alleged activity on the platform. Anisa, who described herself as focused on technical setups rather than hype, posted that Schwartz’s “recent IG posts have been solid” and encouraged others to follow his “verified Instagram profile” while emphasizing technical content. In direct response to her claim, Schwartz wrote, “I do not post to Instagram....
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