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David Schwartz warns social media over-filtering may hide XRP scams, urging transparency for user protection.

Market News
26 Oct 2026, 21:42 WIB
Finbold
View Source
Neutral
David Schwartz warns social media over-filtering may hide XRP scams, urging transparency for user protection.

David Schwartz cautions that excessive content filtering by social media platforms could hinder efforts to combat scams, particularly those involving XRP. He argues that influencers and platforms should allow scam-related content to remain visible so users can be informed about ongoing threats. Schwartz emphasizes that not all social media interactions require engagement and prefers to see all content to monitor misinformation. Meanwhile, XRP faces common scams like fake giveaways, but initiatives like the Tech Against Scams Coalition aim to counter these threats. XRP's price remains stable, with potential to rise if it holds above key support levels, supported by institutional interest.

XRP trades at Rp23.318 on Pluang as of Oct 27, 2026 02:02 WIB, showing a slight 0.64% decline over the past day. Despite this small drop, XRP maintains a strong market cap of Rp1.493,55 trillion and a high trading volume of Rp30,59 trillion within 24 hours. The platform data also reveals a dominant sell order activity at 84%, with typical holders keeping XRP for about 72 days, indicating cautious but steady engagement amid ongoing scam concerns.

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