The Currency Analytics
By Dan Saada
Ripple (XRP) Users Should Learn from Scams
It is the scam season and several Twitter accounts have been hacked and several investors have sent their money across in a hope to get some decent returns in response to tweets.
David Schwartz recently tweeted: “Do not send any cryptocurrencies anywhere based on a Tweet! This is evergreen advice, but it's particularly important right now.”
In response Brad Garlinghouse also tweeted: “@ripple Twitter account has been hacked. Please disregard the most recent message (pinned) - and ALWAYS disregard any XRP giveaways…
Hackers breaking in to twitter accounts has become very common. When looking in to the Ads which are being run on YouTube about giveaways, it looks too authentic to…
In response, Sydney Ifergan, the crypto expert tweeted: “Ripple, Cardano and several others have given out scam warnings. This is bad.
As serious talks of scams were happening, some investors were fuming and stated, “I would certainly hope the hackers would be able to gather most XRP out of circulation to force…
Such scams are a real threat to the progress of the idea of cryptocurrency, it is high time someone gets to the bottom of the problem to figure out a solution.
The efforts of scammers are massive. It is high time people develop some kind of common sense as to saying no to any kind of too good to be requests which are unofficial.
Brad Garlinghouse when talking further about the scam stated that across the board there is a consensus there is an opinion that the hack is not a crypto problem, but it is a…
He also further expressed that the governments and consumers are rightly furious and hoping that they will prioritize efforts to earn back trust by taking the abuse of the…