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David Schwartz of Ripple Denies Allegations of Fake Instagram Account

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by Giorgi Kostiuk

9 hours ago


David Schwartz, the Chief Technology Officer of Ripple, publicly denied the rumors regarding his activity on Instagram, stating that any accounts claiming to be him are fraudulent.

Schwartz's Denial Regarding Instagram

Schwartz responded to a post by user Anisa, who claimed that his supposed recent Instagram posts were solid and encouraged others to follow his 'verified' account. In response, Schwartz stated, "I do not post to Instagram. Any profile you see there that claims to be me is a scam."

Impersonation Issues

This situation highlights the serious problems of impersonation that Ripple has faced. Schwartz has previously spoken about fraudulent representations of the company and its executives on various platforms. Additionally, Ripple recently issued a warning regarding various fraudulent accounts on YouTube, which posed as official company profiles.

Importance of Verification

Schwartz and other Ripple executives emphasize the significance of verifying official communication channels. They urge users to rely only on official company websites and verified social media accounts for information. Schwartz’s statement serves as a reminder of the importance of critically assessing information and avoiding interaction with unverified accounts that may impersonate Ripple.

Schwartz and Ripple continue to stress the importance of user safety and information verification amid the growing threat of fraud in the digital space.

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