Ripple CTO David Schwartz exposes a phishing scam posing as Coinbase, warning crypto users of threats.
The phishing email used fake details and an unofficial domain to imitate Coinbase’s asset shielding department.
Schwartz’s proactive stance highlights the importance of vigilance in combating scams targeting cryptocurrency investors.
Schwartz's experience emphasizes crucial practices that all crypto users should adopt, such as avoiding unsolicited messages, not sharing sensitive information, and verifying communications through official channels.