Ripple CTO Exposes Sophisticated Scam Tactics Mimicking Crypto Exchanges
In response to a phishing operation especially meant to target users of the cryptocurrency exchange Coinbase, David Schwartz, Chief Technology Officer of Ripple, has issued a warning to the XRP community.
This warning is a result of ongoing efforts to protect crypto holders against the growing complexity of newly developed schemes in the realm of digital assets.
Don’t Click That Link
Schwartz shared a screenshot of a fraudulent email that appeared to originate from Coinbase in a post on social media platform X (formerly Twitter). The email encouraged recipients to click on a link to “update” their account information, asserting that certain details necessitated a review in order to provide improved service.
Schwartz said…