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Ripple exec warns filtering social media may hide scam alerts amid $2.1B losses in 2025

Market News
27 Oct 2026, 03:10 WIB
Tokenpost
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Neutral
Ripple exec warns filtering social media may hide scam alerts amid $2.1B losses in 2025

Ripple CTO Emeritus David Schwartz expressed concern that heavy content filtering on social media could hide posts warning about XRP scams, potentially reducing scam awareness. In 2025, U.S. consumers reported $2.1 billion in losses from scams that started on social media, with investment scams accounting for $1.1 billion. Schwartz prefers lighter filtering to monitor false claims, though it's unclear if this approach reduces scam losses. The data highlights the challenge of balancing content moderation and scam prevention on social platforms.

XRP scam warnings and social media filtering provide context for Pluang's market data. As of Oct 27, 2026 07:02 WIB, 28 of 50 major cryptocurrencies rose while 20 fell. Notable movers include COMP at Rp396.312 with a 3.48% increase and 100% sell order activity, UNI at Rp128.848 up 3.30% with 63% buy orders, and ENJ at Rp456 rising 2.94% with 69% buy orders.

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