Ripple's Chief Technology Officer (CTO), David Schwartz, has issued a warning about a new phishing scam circulating on the social media platform known as X, previously Twitter. Schwartz, who uses the handle @JoelKatz on X, shared a tweet from user @3YearLetterman, which included a screenshot of a direct message (DM) he had recently received. Schwartz advised the XRP community that such a DM is fraudulent.

The DM claimed to be from the X support team, informing the recipient that their account was under investigation for copyright violations. The recipient was asked to respond within 24 hours by following a link to complete a form, with the threat of account suspension for non-compliance. Schwartz cautioned his followers against following such links, explaining that they lead to a phishing site that collects users' login and personal information.

In other news, Schwartz recently refuted rumors suggesting he is the elusive creator of Bitcoin, Satoshi Nakamoto. He shared a post denying these allegations, which he often has to dispel despite their persistence within the crypto community. Schwartz posted a selfie from the Consensus2024 event featuring an anonymous individual wearing a golden mask and hood, similar to the anonymity preferred by Satoshi Nakamoto. He captioned the photo, 'Finally, absolute proof I am not Satoshi.'

Schwartz had previously stated that the idea of him being Satoshi was 'not true but plausible.' His recent denial of these allegations highlights the importance of verifying information and not spreading misinformation within the crypto community. The phishing scam warning issued by Schwartz serves as a reminder to be cautious when interacting with direct messages and links on social media platforms.

The incident also underscores the need for robust security measures to protect users' personal information and prevent phishing attacks. As the crypto community continues to grow, it is essential to remain vigilant and report any suspicious activity to prevent the spread of misinformation and protect users from potential harm.