David Schwartz, executive director of the US-based crypto payments company, XRP shared a warning message that concerns its investors. The Ripple technical problem pointed out a website in his post, urging investors to be careful.
CAUTION: holdxrp . com is a scam site.
— David "JoelKatz" Schwartz (@JoelKatz) July 21, 2023
In his tweet in the morning, Schwartz stated that the website holdxrp domain is a fraud. The website in question contains information that Ripple is conducting a fake airdrop event. Cryptocurrency investors logging into the site face the risk of losing their coins.
Fraudsters Target XRP!
Judge Analisa Torres in the Ripple case recently ruled that the XRP coin does not contain a security. After the news, the Ripple project gained popularity again as the XRP price took flight. Malicious people, who take advantage of this situation, open dozens of fake websites and want to seize the tokens in the hands of investors.

Ripple’s native cryptocurrency is currently trading at $0.7767.