X Plans New Rules to Fight Crypto Scams
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X is considering new measures to reduce crypto-related scams, including automatically locking accounts that mention crypto for the first time. These users may be required to go through verification before posting, aiming to limit phishing attacks and fraudulent promotions.
The move comes as scammers increasingly use fake identities and viral posts to promote tokens and steal funds. By targeting first-time crypto posts, the platform is attempting to reduce the entry point for many scam campaigns.