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X (Twitter) Targets Scams by Locking First-Time Crypto Posts

X (previously Twitter) is shifting to robotically lock accounts that all of a sudden put up about crypto for the primary time, in a bid to curb a rising wave of hacks and rip-off promotions on the platform.

Product lead Nikita Bier said the system will flag accounts with no prior crypto exercise that start selling tokens, triggering id verification earlier than additional posts. 

The function particularly targets a standard assault sample the place hackers take over high-follower accounts and use them to push meme cash or phishing hyperlinks.

The change displays a broader crackdown on crypto-related spam, which has surged in current months. 

Hacked accounts selling tokens have turn into one of the crucial dependable rip-off vectors on X, typically exploiting viewers belief to drive fast liquidity earlier than disappearing.

In observe, the replace treats sudden crypto exercise as suspicious by default. That might scale back large-scale phishing campaigns however might also catch reputable customers posting about crypto for the primary time.

Reaction has been cut up. Some customers see it as a crucial step to scrub up “crypto Twitter” and defend customers from scams. 

Others argue it introduces extreme management, elevating issues about censorship and the way platforms outline “regular” conduct.

The put up X (Twitter) Targets Scams by Locking First-Time Crypto Posts appeared first on BeInCrypto.

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