David Schwartz warned XRP Ledger users about rising airdrop and giveaway scams targeting the community. The Ripple CTO Emeritus said impersonators on Instagram, Telegram, and other platforms are likely scammers.
David Schwartz, CTO Emeritus at Ripple, alerted XRP Ledger users on May 13 to a sharp increase in airdrop and giveaway scams. His message focused on XRP users who may encounter fake promotions across social platforms. Schwartz urged users to treat those posts as likely scams and avoid accounts claiming to represent him.
Fraud campaigns around XRP often rely on familiar names, copied profiles, and fake reward offers. Schwartz’s warning focused on airdrops and giveaways aimed at XRPL users. He also pointed to Instagram and Telegram as platforms where impersonators may claim to be him. The warning did not identify specific accounts or campaigns. The Ripple CTO Emeritus stated:
“SCAM ALERT: There has been a huge escalation lately in airdrop and giveaway scams targetting XRPL users lately. Any such posts you see are likely scams.”
Ripple-linked fraud warnings in recent months have also covered phishing operations targeting XRP holders through fake verification requests and malicious wallet prompts. Some schemes encouraged users to connect wallets or submit sensitive recovery information through unofficial channels masquerading as trusted XRP resources.
