Ripple CTO David Schwartz Warns XRP Army Against New Phishing Scam

CryptoNews.com · 2024-06-06T03:08:05+00:00

Ripple's CTO, David Schwartz, has warned the XRP community to be cautious of a new phishing scam through a fraudulent DM message that claims their account is under investigation for copyright violations. Schwartz urged users not to follow the link in the message.

CryptoNews.com

2024-06-06 03:08:05

Abstract generation in progress

Sujha Sundararajan

Last updated:

June 6, 2024 07:08 EDT | 1 min read

David Schwartz, Ripple’s chief technology officer (CTO) who has been advocating caution against crypto scams, has highlighted a new phishing scam, warning the XRP army to stay away from any legit-looking messages.

He posted in his X (formerly Twitter) account that any messages regarding investigations on copy right issues, is a “fraud.”

“If you receive a DM anything like this, it is fake. The link goes to a phishing site that will collect your login and personal information,” Schwartz wrote.

CAUTION: If you receive a DM anything like this, it is fake. The link goes to a phising site that will collect your login and personal information. (Also, follow @3YearLetterman, he’s hilarious and provides great tips on waterbed financing.)

— David “JoelKatz” Schwartz (@JoelKatz) June 5, 2024

David Schwartz shared a post from a Georgian user with pseudonym “three-year letterman,” which had a screenshot of a DM message. The message read, “Your account is currently under investigation for copyright violations.” It also had a link to a form asking X users to fill within 24 hours. Failing to it would lead to the account getting suspended, it added.

Though the message did not mention particularly about any crypto tokens, Schwartz shared to create awareness on the scam.

Ripple CEO Brad Garlinghouse has also been cloned by certain scammers through the use of artificial intelligence software. In one such deepfake video, Garlinghouse urged crypto users to bring their holdings for doubling. However, he confirmed later that it was a fake video.

“I am Not Satoshi”: David Schwartz

His waring comes days after his claims on X that he is “not Satoshi” (the enigmatic creator of Bitcoin).

Finally, absolute proof that I am not Satoshi. pic.twitter.com/1Zt6bwNcTa

— David “JoelKatz” Schwartz (@JoelKatz) May 30, 2024

Posting a selfie from the Consensus 2024 event, David Schwartz wrote, “Finally, absolute proof I am not Satoshi.” His comments come after crypto proponents have pointed at several brilliant personalities including Schwartz that might fit Satoshi’s profile.

Over the years, David Schwartz has made several attempts to reaffirm that he is not Satoshi Nakamoto. However, despite his polite way of convincing his followers that he is not the inventor of Bitcoin, he also succeeded in creating a new army of followers who believe that he is Nakamoto.

XRP-2,4%

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