The former Chief Technical Officer of Ripple, David Schwartz, again reminded encrypted users that identity impersonations on social platforms remain one of the common risks for the XRP community. He states that if someone on Instagram claims to be him, he has an “90 per cent chance” of interacting with him in contact with the impostor, not himself.
Schwartz says it's been years without Instagram.
This reminder comes from an interaction on X platform. The user referred to his Instagram account and stated that a private letter had been sent to the account. In response, Schwartz stated that it had “not used” the account number for many years, and further stated that the account number contacted by the other party was probably a counterfeiter.
At the same time, he states that, with the exception of a little-updated Facebook account, most of those who claim to represent him on Instagram, Telegram or other platforms should be considered suspicious.
Recent fraud alerts in the XRP community
Prior to this, Schwartz sent a reminder that there has been a significant increase in airdrops and gift-type scams targeting XRP Legger users in recent times. The relevant scams usually use the image of a prominent person or official brand to induce the user to transfer, click on a forged link, connect a wallet or submit personal information.
Such counterfeiting is not uncommon in the encryption market. Fraudsters often copy the faces, nicknames and public information of the industry, reaching out to users through private correspondence, disguised as customers, investment opportunity providers or project personnel to enhance credibility.
Ripple has suggested a number of times that YouTube is at risk.
Ripple has also warned several times that there are frauds on YouTube against XRP holders. Common methods include misappropriation of existing channels and changes in page information, disguise as Rimple official accounts or corporate executives, and publishing false activity content.
Ripple stressed that the company and its executives would not require users to send XRP, nor would they initiate gifts in this way. For users, verification of the authenticity of accounts remains the most basic precautionary step when faced with private correspondence from social platforms, airdrop promises or the expression “transfers before return”.