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Ripple’s David Schwartz Warns of Surge in XRP Airdrop and Giveaway Scams

Scammers are copying Ripple accounts to push phishing links as XRPL activity rises.

Overview

  • David Schwartz, who posted Thursday, warned of a huge escalation in fake airdrops and giveaways targeting XRPL users.
  • Scammers are impersonating Ripple leaders on Instagram and Telegram to push giveaways that ask people to send XRP or connect wallets.
  • Attackers are sending unsolicited NFTs with hidden buy offers and using clone sites that request signatures, with one victim reporting a 6,000 XRP loss.
  • The XRPL Foundation reinforced the warning and told users to avoid airdrops, giveaways, and supposed customer support outreach on X.
  • Growing institutional use of the ledger has widened the attack surface, so users are urged to verify sources and never share seed phrases since transfers are rarely reversible.