Ripple CTO David Schwartz warns of sophisticated scam targeting XRP investors
17-4-2025 – Ripple’s Chief Technology Officer, David Schwartz, has sounded the alarm over a sophisticated scam targeting XRP holders and digital asset enthusiasts. The alert, shared via a post on X, exposed a cunning ploy wherein a fraudster, masquerading as a credible figure, sought to exploit the trust of Ripple’s followers. Lurking beneath Schwartz’s message, the impostor attempted to entice users into a sham Telegram group, urging them to follow a deceptive link embedded in the scammer’s X bio. Promising illusory profits, this scheme preys on the unwary, underscoring the ever-present dangers in the crypto sphere and the need for vigilance among investors.