David Schwartz, the CTO of Ripple, has issued a warning to users about a scam involving alleged Coinbase support emails.
Schwartz's Warning
David Schwartz, known as @JoelKatz on the X platform, shared a screenshot of an email from supposed Coinbase support asking users to update their data. Schwartz warns that this is a scam, and such links should not be followed.
Airdrop Scams
Earlier, Schwartz expressed a negative view on crypto airdrops, warning that even legal ones could cause financial issues, particularly in countries where such income is taxed.
XRP Market Performance
On Friday, XRP experienced a nearly 4% increase, reaching $2.36. However, it later dropped slightly and is currently trading at $2.34050.
David Schwartz continues to actively warn the crypto community about potential risks involving scams and airdrops. These warnings help crypto holders protect their assets.
