Elon's Shenanigans - the Rising Cost for Crypto Enthusiasts on Twitter (Now X)

Elon's Shenanigans - the Rising Cost for Crypto Enthusiasts on Twitter (Now X)

Discover the rising cost for crypto enthusiasts on Twitter and the impact of fraudulent verified accounts. Elon Musk's platform is under scrutiny.

January 14, 2024· 3 min read
189 score

Honestly, Elon, your platform is costing a lot for crypto enthusiasts, and the blame is yours.

Yes, yours, because you allow many verified accounts to continue defrauding and stealing from people inadvertently.

It pains me to say this, and I'm sure many agree with my argument. After all, identical accounts on Twitter can act at the same time and mislead people who are on the platform.

Look closely at this image. This image belongs to the original Berachain account and, as you can see, the username is also 'Berachain,' and it is verified with the golden badge (accounts that pay a monthly fee of $1,000 or more).

Not only that, many verified accounts are bots, and incredibly, I don't understand the reason for implementing this idea if users continue to have problems on the platform! It makes no sense that even golden accounts are also fraudulent and commit cryptocurrency thefts from unsuspecting people.

Novices and others are in daily danger with fraudulent verified accounts on Twitter.

Elon and company are failing greatly in this regard, and Twitter, now X, is turning into a den of thievery with many suspicious accounts. And, to worsen the matter with fraudulent verified accounts, users are repeatedly hacked, and no one can explain how.

The SEC account can attest to this, as about two days ago it was hacked, and the offender posted messages assuring that the Bitcoin ETF had been approved.

Therefore, now the FBI is on Elon and the entire platform to understand how things are managed on X. Hey, Elon, you have a lot to explain, my friend.

Repeated spam in the posts on the platform is the daily bread, and scammers are everywhere. While some accounts are legitimate, others are operated by thieves who pay thousands of dollars both monthly and annually to steal from unsuspecting people on Twitter.

It's pointless to be the largest real-time social messaging platform with a vast number of active users worldwide if it robs customers, Elon.

In my opinion, X needs to be a safe platform where users are cherished and don't fall into the hands of thieves with verified accounts on Twitter.

Elon, sitting on his throne, controlling and monitoring Twitter, and inexplicably allowing many fake accounts and verified bots to steal from users in broad daylight! What's happening, Elon?

Elon, it's time to take action because if the issue is not resolved today, tomorrow it will definitely cause problems for the platform, and who knows, it might even lead to legal issues, as many are having their crypto wallets emptied.

So, if you use Twitter and follow the crypto ecosystem, it's always - I repeat, always - better to check the usernames of the accounts you follow and avoid clicking on links that appear randomly in tweets. Many people have their wallets drained without understanding how. A simple 'connect your account' on a web3 website can lead to your cryptocurrency being stolen. Pay attention and have an excellent Sunday.

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