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Twitter Crypto Scam Lists Lead to $870k Losses!

August 12, 2023
in Crypto Exchanges
Reading Time: 2 mins read
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Crypto Dwell Information

Creator: Mustafa Mulla Aug 12, 2023 20:40

Mustafa has been writing about Blockchain and crypto since a few years. He has earlier buying and selling expertise and has been working within the Fintech business since 2017.

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Twitter Lists selling crypto scams led to nearly $870k in financial losses in only one 12 months. The staff developed a detection system known as GiveawayScamHunter, which noticed 95,111 rip-off lists comprised of 87,617 accounts on Twitter between June 2022 and June 2023. Over the interval beneath investigation, simply over half of the rip-off accounts weren’t suspended. The analysis highlights Twitter’s weaknesses in relation to tackling the issue of scams on the location, indicating that fraudulent exercise is slipping by means of the web.

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Tags: 870kCryptoLeadListsLossesscamTwitter
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