Ripple CTO David Schwartz has fallen victim to a phishing scam
David Schwartz, chief executive officer at Ripple, recently fell victim to a"sophisticated" phishing scam, according to his recent social media Schwartz claims the scam involved opening a support case with Apple. The fraudsters then leveraged real Apple emails and web pages in their SMS messages.
The SMS messages were sent to the Ripple executive in order to trick him into giving control over his Apple ID. They were likely able to open a support case with just his email address."Presumably, Apple wouldn't have given them access. What's clever is using the case to make their SMS messages convincing," he said.
The latest incident coincided with Ripple launching a new anti-scam initiative in collaboration with tech giant Meta and various cryptocurrency exchanges, including Coinbase. "There’s one thing all of us in tech can agree on – it’s high time we dismantled the scammers once and for all," Ripple CEO Brad Garlinghouse said in his social media post. Alex Dovbnya is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets.
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