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Enlarge (credit: ALAIN JOCARD / Contributor | AFP)
There's currently a surge in cryptocurrency and phishing scams proliferating on X (formerly Twitter)—hiding under the guise of gold and gray checkmarks intended to mark "Verified Organizations," reports have warned this week.
These scams seem to mostly commandeer dormant X accounts purchased online through dark web marketplaces, according to a whitepaper released by the digital threat monitoring platform CloudSEK. But the scams have also targeted high-profile X users who claim that they had enhanced security measures in place to protect against these hacks.
This suggests that X scammers are growing more sophisticated at a time when X has launched an effort to sell even more gold checks at lower prices through a basic tier announced this week.
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