David Schwartz, chief technical officer (CTO) of Ripple Labs Inc, posted a message on Twitter to warn XRP investors. Schwartz stated that the website “holdxrp.com” is a scam site. reported.
CAUTION: holdxrp . com is a scam site.
NEWS CONTINUES BELOW— David “JoelKatz” Schwartz (@JoelKatz) July 21, 2023
Visiting the site in question (we don’t recommend visiting) is greeted with a fake XRP airdrop announcement. The announcement contains a number of phishing links that, when clicked, could result in an unexpected use of the user’s funds.
With its growing popularity in the cryptocurrency world, XRP has become the target of scammers. Especially after the success in the SEC case, there has been a huge increase in the popularity of XRP. In light of this popularity, malicious people are trying to steal users’ information and assets through various methods such as fake airdrops and creating gifts. While such scams threaten the safety of investors and crypto users, they also negatively affect the reputation of XRP.
Users should be careful before taking any action regarding cryptocurrencies and XRP and should not trust unverified websites or fake social media accounts. Never share personal information or transfer assets without verification from official sources.
David Schwartz’s warning is an important reminder for the crypto community to raise awareness. Along with technological advances, scammers are also improving their methods and trying more sophisticated tactics to deceive users. Increasing security awareness regarding cryptocurrencies will help users protect themselves against such threats.
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