Of late, Twitter has been a hotspot for cryptocurrency scams, with con artists hijacking verified Twitter accounts or impersonating prominent figures in order to relieve unsuspecting users of their digital assets. Late last month we reported of a cryptocurrency scam where scammers were using Twitter handles with names close enough to Elon Musk and posting cryptocurrency related tweets.

We are on it.

Good news, guys! @krakensupport is back! Strange that our initial appeal was also apparently handled by an automated system. Thank you all for your public outrage. Stay vigilant. pic.twitter.com/9l2LRfDmHS

.@TwitterSupport It’s been a couple days, and apparently I’m still shadow banned. I have no idea why.

Thinking of giving up on Twitter, and that would be really sad. Crypto twitter is my community 😞 pic.twitter.com/7htc4pAgUq

Even though Dorsey has kind of assured that the company is aware of the issue and is working on a fix, a number of users have criticized the platform for its faulty anti-spam efforts. Until Twitter releases a reliable and permanent fix, we’d suggest users to stay alert and steer clear of any tweets highlighting ‘attractive’ investments in crytocurrency.