Plunging value of bitcoin and other cryptocurrencies has not stopped scammers from impersonating famous personalities or taking over verified accounts on Twitter. These scams have been going on for months and are most evident with every tweet from Elon Musk. despite the social media company’s promise to curb them. Now the scammers are targeting verified accounts – those with the coveted blue tick – to spread the fraud.
Umm… Did Pantheon Books account get hacked by a Musk-impersonating bitcoin scammer? pic.twitter.com/UNtbrO4Qhs
These scammers follow a set pattern and are pretty easy to spot. The sabotaged accounts usually solicit users to send small amounts of cryptocurrencies in exchange for a bigger reward as part of a giveaway. Twitter reportedly said that the platform has improved ways of handling these scams related to cryptocurrencies and is trying to crub their reach to people.
The 1st version of my “Crypto Scam Hunter” is working. Every 4h, the bot will publish a message like this one for the hacked verified accounts who are promoting crypto scam. Stay tune! https://t.co/wnJ2XQ2VXN
Hi @Good360,
Regards, https://t.co/UaIZ5aBlh6
Hi @umusiccz,
Regards, https://t.co/GyBaMdQuYX
Meanwhile, this Uber investor has a simpler and easier solution to implement
here is a simple idea that doesn’t require any AI @TwitterSupport: don’t allow anyone to name their account Elon Musk AND (tweet the word bitcoin/ethernet/giveaway OR post a link to a page with the word bitcoin) without someone from @Twitter Support seeing it first. Welcome!
