Wallet Founder Warns of Coordinated Scam Targeting XRPL Users

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Wallet Founder Warns of Coordinated Scam Targeting XRPL Users
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XRPL users face coordinated scam surge, wallet founder says, as attackers deploy phishing, fake apps, and sign requests globally.

Xaman Wallet founder Wietse Wind has said that a “massive XRPL targeted scam effort” is underway, warning users about fake sign requests, phishing emails, and impersonation accounts. His alert points to a rise in social engineering attacks aimed at crypto holders rather than flaws in the blockchain code.

on X on February 16 that he had spent the weekend adding new filters and alerts to Xaman Wallet after detecting coordinated attempts to trick users into signing malicious transactions. He listed several methods seen in recent days, including scam NFTs that promise token swaps, fake desktop wallet apps, and direct messages posing as support staff. The official wallet accountAccording to Wind, the attacks usually focus on manipulating users rather than breaching software, with the scammers expanding beyond social media and sending phishing emails even though Xaman does not store user email addresses, suggesting attackers are relying on leaked data from unrelated breaches. The tricksters are also reportedly promoting fake “desktop wallets,” despite Xaman being a strictly mobile application. Some fraudulent projects are even promising free tokens in exchange for users’ secret keys.“No matter the amount of warnings, detection, filtering, alerts in the app and here on social: no scammer can get you if you don’t willingly / unknowingly interact with them,” he advised. “Your funds are perfectly safe in Xaman Wallet: just don’t sign any transaction you don’t trust, and don’t interact with anyone promising you free tokens.”Of that total, $1.37 billion came from scams alone, a 64% increase from 2024. The firm said attackers are shifting toward tailored phishing campaigns that target individuals with large holdings instead of relying only on technical exploits. Furthermore, the PeckShield report also found that centralized platforms and companies accounted for about 75% of stolen funds last year, up from 46% in 2024.that a victim lost about $282 million in Bitcoin and Litecoin through a hardware wallet scam. According to his findings, the attacker later moved the funds through THORChain and converted them to Monero . Wind’s posts framed the latest campaign as a reminder that wallet security often depends on user decisions.Wayne is a dynamic part-time trader with an impressive eye for detail. His passion for understanding financial systems has led to an intriguing interest in blockchain technology, and he enjoys exploring and writing about cryptocurrencies. Possessing a keen intellect and diligent work ethic, he stays up-to-date on the latest industry trends, regularly sharing his insights in articles and professional presentations.Bitcoin’s Next Bull Run Depends on This Single On-Chain Indicator

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