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Ripple CTO Warns XRP Community About New Phishing Scam

David Schwartz cautions XRP users against a phishing scam on X while addressing rumors about his identity as Satoshi Nakamoto.
Published on 2024-06-06

Ripple CTO's Scam Alert

David Schwartz, Ripple's Chief Technology Officer, recently issued a warning to the XRP community about a phishing scam circulating on X, the platform formerly known as Twitter. His cautionary message aims to protect users from falling victim to fraudulent activities that threaten their online security.

Identifying the Scam

The scam involves receiving a direct message from an account claiming to be part of the X support team. This message falsely informs the recipient that their account is under investigation for copyright violations. It urges the user to follow a link and submit feedback within 24 hours or risk account suspension. Schwartz emphasized the importance of not clicking on this link, as it leads to a phishing site designed to capture login credentials and personal information.

Protecting Your Information

Schwartz's alert is a critical reminder for the XRP community to remain vigilant against such scams. Users are advised to verify the authenticity of messages claiming to be from X support and to avoid sharing sensitive information through unsecured links.

Dispelling Satoshi Nakamoto Rumors

In a separate matter, Schwartz addressed ongoing rumors linking him to the mysterious creator of Bitcoin, Satoshi Nakamoto. Recently, he shared a post on X humorously denying these allegations. The post included a photo of Schwartz with an individual wearing a mask, suggesting anonymity akin to Nakamoto. He clarified that while the idea of him being Satoshi is "plausible," it is ultimately untrue.

Schwartz's presence in the crypto community continues to be influential, as he works to dispel myths and safeguard users from potential threats. His proactive approach highlights the importance of security awareness and transparency within the digital currency space.

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