Ripple CTO Emeritus Exposes Suspected Wallet Scam Targeting Recovery Phrases

Ripple CTO Emeritus David Schwartz has issued a warning about a suspected wallet scam that targets users' recovery phrases, likely via fake notifications prompting them to hand over seed words. The alert is a security advisory rather than a market-moving event, and no specific losses or affected funds were disclosed. Traders should treat it as a reminder to guard seed phrases, but it carries little direct price implication for XRP or the broader market.