Ripple CTO Sounds Alarm After John Deaton's Suspicious Post Raises Hacking Fears

The Chief Technology Officer at Ripple Labs, David Schwartz, has Issued a public warning after receiving an unusual message from John Deaton. He cautioned his audience against interacting with the account until well-known lawyer John Deaton confirmed if it was hacked.

This posting appears incorrect in numerous aspects. Kindly refrain from trusting it unless verification confirms he hasn't been compromised, David Schwartz wrote .

The alert came after John Deaton shared a message on X promoting Arch Public , a cryptocurrency-focused site. For longtime readers, the post (which tagged major figures, including the crypto exchange Gemini) seemed like an endorsement and sparked some interest.

Noted for his passionate advocacy on behalf of XRP owners and his push for clearer regulations, which includes efforts to make the Hinman documents public, Deaton typically engages in legal battles, dives into policy discussions, and champions the rights of cryptocurrency investors.

In contrast, the Arch Public update seemed peculiar, with several market observers viewing the absence of usual details, explanations, or context found in his posts as dubious.

Deaton ends his silence to restate his intentions, promising to tackle issues during the upcoming live session.

Ripple CTO urged the lawyer’s 354,000 followers to remain cautious following the suspicious post. His concern sparked reactions from other users. Many began questioning whether Deaton’s account had been taken over, especially with the unusually long silence. Others shared screenshots of the post, highlighting the red flags in its writing.

Deaton subsequently provided a clarification in response. He reaffirmed his commitment to making investments more accessible for all. everyday people , as he contended this reason motivated his support for initiatives such as XRP, Bitcoin, SpendTheBits, and the open-source algorithm from ArchPublic. He mentioned these ventures aimed to provide average investors with chances that had historically been reserved solely for high finance professionals.

Deaton recognized previous criticisms, such as claims of him being a Ripple agent and attacks from Bitcoin maximalists. Nevertheless, he insisted that if a tool could assist individuals in building wealth without demanding payment or involving risks, he would support it—despite doubts.

He went on to say that he was traveling with hopes of going to live. on April 16, 2025, On X at 3 PM EST to discuss any issues or queries. He mentioned being thankful for legitimate concerns and wanted to clarify misinformation or misconceptions.

Deaton also responded to certain criticisms directed at him, which included claims that he was a "Ripple stooge" and opposition from Bitcoin enthusiasts who hold strict adherence to Bitcoin alone.

Nevertheless, he persists in supporting the notion that if a platform enables individuals to accumulate wealth without requiring them to invest capital or take risks, it merits his endorsement.

Deaton mentioned that he planned to broadcast live on X at 3 PM Eastern Standard Time on April 16, 2025, due to his travel schedule. He aimed to address "any questions people were unclear about." He expressed appreciation for the genuine concerns raised and recognized the confusion caused by various inaccurate reports related to the event.

Cryptocurrency heists have seen an uptick with KiloEx and ZKsync losing more than $12 million in recent security breaches.

This event occurs amidst an increasing number of security breaches within the cryptocurrency sector. This week, a decentralized exchange has faced new challenges. KiloEx suffered a loss of $7.5 million when cyber attackers took advantage of weaknesses in its pricing system, causing a roughly 32% drop in value of its primary currency, KILO.

The assault impacted the system’s cross-chain architecture, focusing on BNB Smart Chain, Base, and Taiko networks.

Furthermore, on April 15, ackers targeting Ethereum scaling protocol ZKsync stole about $5 million of its native ZK crypto because of “a compromised” administrative account that allowed them to take control of unclaimed tokens from a recent airdrop.

The cryptocurrency sector has faced multiple heists, raising concerns over the safety of user assets, as cyber-theft amounts reached above $2 billion in 2024 — marking four consecutive years wherein earnings from these breaches surpassed $1 billion.

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