Lots of people pretend to be others, or old friends. One or two people a month message me, having hacked or cloned accounts of one of my friends. I have no problem figuring out who’s a fake, so I report and block them. I also let the real friend know their account’s been compromised.
It is completely fine to block someone you don’t know. As @Wings said, when it comes to online interactions, you never know. On Instagram especially, a lot of trandom DMs are from bots, so it’s always worth it to filter what you receive.