Crypto:
36635
Bitcoin:
$92.124
% 1.14
BTC Dominance:
%58.7
% 0.13
Market Cap:
$3.14 T
% 1.16
Fear & Greed:
28 / 100
Bitcoin:
$ 92.124
BTC Dominance:
% 58.7
Market Cap:
$3.14 T

Crypto Turmoil on X: Company Issues Anticipated Statement!

Formerly known as Twitter, the social media platform X has come under scrutiny due to a new security scandal affecting the crypto community. According to an official company statement, some employees were found to have reactivated suspended crypto accounts in exchange for money.

This revelation highlights just how critical X is for the crypto world. Alongside Telegram and Discord, X is one of the main platforms where crypto communities communicate, promote projects, and engage with investors. A security lapse here directly impacts investor trust and the reputation of projects.

Bribery Network Detected

X’s investigation revealed that malicious actors were using intermediaries rather than the platform’s official channels to reactivate suspended crypto accounts. These intermediaries reportedly contacted certain employees to offer payment in exchange for account reactivation.

Some of these attempts were successful, meaning that a number of suspended accounts were indeed reopened for bribes. This exposed weaknesses in X’s internal security protocols and demonstrated how individuals linked to crypto fraud attempted to exploit the system from the inside.

Alleged Links to Organized Crime

The information also indicates that the suspects were active not only on X but also on Instagram, TikTok, YouTube, Minecraft, and Roblox. They are reportedly connected to a larger international criminal organization known as “The Com.”

X stated in its announcement:

“Legal proceedings have been initiated against those involved, and we are fully cooperating with law enforcement. We remain committed to protecting the integrity of our platform.”

Significance for Crypto Communities

X remains one of the most widely used social media platforms among crypto investors and communities. However, despite security measures, cases of crypto-related fraud continue to occur, posing significant risks to user safety and platform reliabili

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