'90% Chance': Ripple CTO Emeritus Sounds Alert on Instagram Impersonation

Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. Ripple CTO Emeritus David Schwartz has sent a fresh warning to the crypto community, as impersonation scams continue across social media. Advertisement This time, Schwartz warned an X user that there was a 90% chance of interacting with an imposter on Instagram rather than with him. An X user had engaged with the Ripple CTO Emeritus 's comment on X about having a Facebook account that he posts to maybe once every few months. This followed an earlier post by the Ripple CTO Emeritus, which notified the crypto community of a huge escalation in airdrop and giveaway scams targeting XRP Ledger users. HOT Stories What Could Ignite $100K Bitcoin Rally? Novogratz Names Three Factors XRP's Price Health Is on the Line, Did Shiba Inu (SHIB) Finally Bottom? Ethereum's (ETH) Mini-Golden Cross: Crypto Market Review In this regard, Schwartz warned that anyone claiming to be him on Instagram , Telegram, or almost anywhere else is likely a scammer. He, however, noted the presence of a Facebook account which he rarely uses. Schwartz shared this Facebook account. Advertisement You Might Also Like Thu, 07/02/2026 - 11:00 Ripple CTO Emeritus Weighs Major XRP Ledger Transaction Change, but Sees Catch By Tomiwabold Olajide Engaging with Schwartz's post, an X user asked the Ripple CTO Emeritus not to forget his Instagram account. Schwartz responded, saying he "hasn't used it in years." This suggests he has no active presence on Instagram. The X user added that he had sent the Ripple CTO Emeritus a message on Instagram. Schwartz pointed out that the Instagram account might belong to an imposter. 90% chance you're talking to an imposter. Advertisement — David 'JoelKatz' Schwartz (@JoelKatz) July 18, 2026 "90% chance you're talking to an imposter," Schwartz said. This reiterates the warning he has shared many times, as scammers continue to impersonate companies such as Ripple and its executives by posting images on social media platforms like X, Facebook, and Instagram. Scam warning issued Impersonation scams remain one of the most common threats in the crypto market, where scammers use the names and profile pictures of top industry leaders to appear legitimate. They contact unsuspecting users through direct messages, asking them to send cryptocurrency, click on fake links, connect their wallets, or share personal information under the guise of investment opportunities or support. You Might Also Like Sat, 07/11/2026 - 14:00 'The Only Victim Is Ripple,' Ripple CTO Emeritus Clarifies XRP Sales Effect By Caroline Amosun Ripple has often pointed out an uptick in XRP scams on YouTube, where scammers steal accounts and then update the pages to impersonate Ripple's official account, warning that it and its executives will never ask users to send XRP. #Ripple News #XRP