Ripple CTO Sends Critical Warning Message to XRP Holders

Ripple’s Chief Technology Officer David Schwartz has issued a strong warning to the digital asset community regarding a surge in phishing attempts on hardware ￰0￱ to Schwartz there has been a notable rise in fraudulent emails falsely claiming to be official communications from wallet providers

urging users to perform security upgrades or verification ￰1￱ messages he emphasized should not be trusted under any circumstances unless independently verified through official ￰2￱ warning comes at a time when phishing scams have become increasingly sophisticated often impersonating legitimate cryptocurrency platforms and ￰3￱ reminded users that a hardware wallet’s seed phrase should only ever be entered into the hardware device itself

not into any online form or ￰4￱ message reinforces a principle that has long been central to self-custody maintaining complete control of one’s private keys and verifying every request before taking ￰5￱ increase in phishing emails claiming hardware wallet security upgrades or verification ￰6￱ any such messages you receive unless you can independently confirm them and NEVER enter a hardware wallet's seed phrase into anything other than the hardware wallet. — David 'JoelKatz' Schwartz (@JoelKatz) October 21 2025 User Reports Highlight Real-World Impact Schwartz’s cautionary post prompted responses from members of the XRP community who shared personal experiences with such ￰7￱ user

identified as JT Marlin XRP Financial recounted a case in which a friend lost $20,000 to a phishing ￰8￱ scammers posed as representatives from Coinbase and deceived the victim into restoring their wallet address on Trust Wallet effectively transferring control of the funds to the ￰9￱ reports to both local and federal authorities no significant investigation was conducted

leaving the victim without ￰10￱ user XRP Update underscored the importance of continued awareness and user education noting that vigilance remains the most effective line of defense against phishing ￰11￱ response echoed the broader sentiment across the digital asset community that prevention remains the most practical approach to safeguarding ￰12￱ are on X

follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15 2025 Reinforcing Best Practices for Security Schwartz’s public advisory serves as a reminder of the persistent vulnerabilities facing both novice and experienced digital asset ￰13￱ ongoing evolution of phishing tactics demonstrates that even users of hardware wallets which are often considered the most secure storage option are not immune to social engineering ￰14￱ highlighting the importance of independent verification and secure handling of seed phrases

Schwartz’s warning reinforces fundamental cybersecurity practices within the cryptocurrency ￰15￱ phishing increases consistent education and cautious behavior remain essential to protecting digital ￰16￱ message ultimately underscores a clear reality: the integrity of personal digital security depends on individual ￰17￱ must verify communications through official sources avoid unsolicited requests for wallet information and never input their recovery phrases outside of their hardware ￰18￱ : This content is meant to inform and should not be considered financial ￰19￱ views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s ￰20￱ are advised to conduct thorough research before making any investment ￰21￱ action taken by the reader is strictly at their own ￰22￱ Tabloid is not responsible for any financial ￰23￱ us on X

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