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Schwartz Says SecuX App Pushed Phishing Alert as Wallet Access Problems Persist

Tokenpost • October 17, 2026

Ripple’s former CTO David “JoelKatz” Schwartz said SecuX’s Android app sent him an alert linking to a page that solicited a recovery phrase; SecuX users reported wallet access problems on Oct. 17.

The page requested either 12 or 24 words, Schwartz said, and he identified the alert as a scam.

SecuX, a hardware wallet maker, announced on Oct. 16 that the app was undergoing a broad system upgrade and urgent maintenance. Later that afternoon, the company said service had returned to normal.

Schwartz disclosed the notification later that evening. By Oct. 17, multiple users still said they could not access wallets and that the service remained unavailable.

SecuX gave no explanation for the disruption and reiterated that it would never ask users for a recovery phrase. The episode combined two concerns for SecuX customers: ongoing access complaints and an in-app notice that, Schwartz said, led to a page seeking the phrase.

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This article is one source in a clustered incident — the cluster page carries the summary, timeline and every other outlet covering it.

SecuX Wallet Users Face Continued Access Issues After Phishing Alert SecuX, a hardware wallet maker, is experiencing ongoing service outages as of October 17, 2026, following an emergency maintenance that began on October 16. Despite claims of normal operations being restored, numerous users reported being unable to access their wallets. The situation escalated when Ripple CTO David Schwartz revealed that the SecuX Android app had sent a fraudulent notification linking to a phishing page that solicited users' 12 or 24-word recovery phrases. SecuX has not clarified how this malicious notification was distributed and reiterated that it will never request recovery phrases from users. The company has not provided further details on the cause of the breach or a timeline for full service restoration. 3 sources 39

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Schwartz Says SecuX App Pushed Phishing Alert as Wallet Access Problems Persist

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