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Ripple CTO warns 90% chance Instagram accounts claiming to be him are scams.

Market News
19 Jul 2026
UToday
View Source
Bearish
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David Schwartz, Ripple's CTO Emeritus, has issued a strong warning about impersonation scams on social media, particularly on Instagram. He stated there is a 90% chance that any Instagram account claiming to be him is operated by an imposter. This alert follows an increase in scams targeting XRP Ledger users, where scammers impersonate Ripple executives to trick users into sending cryptocurrency or sharing personal information. Schwartz emphasized he rarely uses social media platforms like Instagram and Facebook, urging the community to be cautious and verify identities carefully to avoid falling victim to these scams.

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