Monday, October 26, 2026Daily EditionIndependent journalism
BeCrypto NewsIndependent digital asset reporting
BTC $79,884 −0.76%ETH $2,307.35 −1.55%SOL $100.24 −1.39%XRP $1.29 −0.67%BNB $741.34 +0.13%DOGE $0.0771 −0.01%Prices: CoinGecko,
Altcoins & DeFi

Ripple’s David Schwartz says heavy content filtering weakens protection from XRP scams

Image: Finbold

With nearly $443 billion estimated to be stolen by scammers globally in 2025, David Schwartz argued that excessive control by social media platforms can hinder anti-fraud efforts, especially for XRP . Schwartz warned that social platforms and influencers should not aggressively filter scam-related content in a bid to enhance user protection. In an X reply to crypto user Khaled Elawadi, who had suggested that social media platforms adopt truth filters monitored by artificial intelligence ( AI ), Schwartz urged Key Opinion Leaders (KOLs) to inform their followers of all the emerging scams. “You might like that, but it would reduce engagement for the platform. For example, you wouldn’t be able to protect your followers from XRP scams because you wouldn’t see them,” Schwartz highlighted .

Read the full story on Finbold

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to Finbold.

Latest in Altcoins & DeFi

All Altcoins & DeFi stories