Ripple’s Chief Technology Officer (CTO), David Schwartz, has issued a clear warning to the crypto community about ongoing scam attempts targeting XRP holders and enthusiasts. Recent events involving fraudulent individuals posing as legitimate figures demonstrate the increasing threat of scams in the crypto market. 🚨
Schwartz recently alerted the community on X platform after a scammer attempted to lure users into a fake Telegram group via his post. This individual posed as someone with legitimacy, leveraging trust to trick unsuspecting users and potentially leading them to malicious schemes.
The scam has been flagged twice, illustrating the persistent efforts of these fraudulent actors who employ various disguises in their attempts. 🕵️♂️ It’s worth noting that this isn’t the first instance of such scams targeting XRP holders. As Ripple continues to gain popularity and interest grows within the XRP ecosystem, fraudulent impersonation schemes are becoming increasingly common.
Schwartz has repeatedly warned about these deceptive tactics in the past, highlighting the methods used by malicious actors. 🚫 In fact, earlier this year, Ripple itself warned the crypto community that they would never require them to send XRP – neither would Ripple executives or any other Ripple employees. Ripple’s recent warnings are a strong reminder for individuals to be vigilant and avoid clicking on suspicious links.
A prominent XRPL wallet, Xaman, has also issued warnings against scams involving fake support from the Xaman team. Their official statement clarifies that only the Xaman Support xApp within the Xaman app offers legitimate assistance, and the team will never initiate communication through social media for support requests. 🤝
In light of these developments, crypto holders are urged to be cautious and verify accounts before engaging with any suspicious claims or links.