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Elon Musk’s X Intensifies Crackdown on Crypto Scams and Bribery Networks
Elon Musk’s X Intensifies Crackdown on Crypto Scams and Bribery Networks
19
3
BTCCSquare news:
Elon Musk's social media platform X has escalated its battle against cryptocurrency fraud, filing lawsuits against banned accounts attempting to circumvent suspensions. The company identified coordinated bribery attempts involving employees and a shadowy network dubbed "The Com."
Fraudsters allegedly offered payments to X staff in exchange for reactivating accounts linked to crypto scams and market manipulation schemes. These efforts appear part of a broader digital crime syndicate operating across social media and gaming platforms.
The crackdown highlights growing platform security challenges as crypto-related social engineering attacks proliferate. X's legal offensive signals a hardening stance against financial fraud in digital spaces.
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