Ripple CTO David Schwartz warns of XRPL airdrop scams and wallet drainers (May 14, 2026)

On May 14, 2026, Ripple co-founder and CTO David Schwartz warned that scams targeting XRPL users have "hugely" escalated, with attackers using fake airdrops, giveaways, and impersonation to steal XRP. He said connecting a non-custodial wallet to fraudulent sites can trigger wallet-drainer transactions, and urged users to treat posts promoting airdrops or giveaways as likely scams.