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Important: XRPScan's Warning on Dubious XRPL Account

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by Giorgi Kostiuk

6 months ago


A recent announcement by XRPScan drew attention to the dissemination of information about an allegedly US government-associated account linked to XRPL.

Warning from XRPScan

In a popular tweet, XRPScan alerted users to exercise caution regarding information about an alleged government account on the XRP Ledger. They recommended thorough verification before trusting, buying, or selling tokens on the public ledger.

XRP Community's Reaction

The XRP community actively engaged in discussions following the announcement. Many users, including prominent XRPL developer Wietse Wind and Ripple's CTO David Schwartz, expressed skepticism about the account truly belonging to the US Treasury.

Experts' Security Tips

Wietse Wind emphasized the importance of verifying information in an open infrastructure and noted that the domain field is public. On his part, David Schwartz explained that verifying account ownership can only be confirmed if the domain name and the TOML file match.

The Domain field can only be set by the account owner; the TOML file can only be set by the domain owner. If they match, that's a provable connection.David Schwartz

In light of the XRPScan warning, it's crucial for the community to remain vigilant and thoroughly verify information to avoid misinformation and misuse on the blockchain.

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