“X” users are struggling as Crypto Scams in Ads,officials have no clear respons

[btc78]

I do think that X is doing a really good job with security I can tell that they are very much more secure with their users’ profile compared to back then they do a lot of verification which could be annoying at time if i am being honest but in a sense it would actually be really helpful to identify those who create spam accounts and post content that are not suitable for the community

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[jrrsparkles]

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As for why he shilled Bitcoin and DOGE back then, I can’t say if it was for his own benefits, but I understand that it is possible for him to have a clean mind putting it up there even if he knows it’ll influence the market. However, just because he said he won’t be involved doesn’t mean he won’t be. Understand that he may be referring to being publicly involved. However, he has crypto and is into crypto so he can’t take an action like banning crypto ads because he knows he’ll not only lose customers but will hurt the crypto space as a whole.

Definitely, it is for his own benefit alone. He needed some kind of buzz to keep his fame and he is known for supporting new technology so he grabbed the bitcoin first and said he have some bitcoin meanwhile he bought other cryptos like DOGE and after he said tesla wouldn't be accepting bitcoin as payment then he pulled the DOGE show and cashed out some profits and also kept his name popular when its needed.

[so98nn]

It seems they have made various changes after ownership was transferred to Elon. I still remember, before that, an ICO period on the forum (a more aggressive one) when we used to post hundreds of tweets daily. Imagine thousands of members doing that from a single forum. It was as scammy as it looked back in the time. Even today, the same practice is followed however, soon after the trend went down as accounts were blocked for spreading spam.

There are also giant accounts with millions of followers who keep trolling other projects, spreading FUD like X person will receive 100 ETH and shit like that. This is where X also started banning accounts.

Now when it comes to the ads part, I think X shall have a team of mods with human verification to approve the ads. They should eradicate any ads that are tailored for crypto scams. Only a human can recognize that. Advertisements have a big share of any social platform and it must be taken seriously to prevent further consequences if such spam keeps coming.

[yazher]

This was the problem in Google way back then when there were lots of fake ads that contained scam projects and offers. The same scenario that happening right now with "X". I really hope they can fix this because I can see that there are already lots of victims that were fallen into these traps because they thought of getting into real investment with crypto and they are taken advantage with their ignorance since they cannot distinguished the truth from fakes. They really need to help their users because scammers are all around their platforms and I'm sure it will create a huge problem in the future if they cannot fix it.

[Sophokles]

Social media platform are a common place for scammers to start. This is where they find people who are new to the industry and can be fooled easily due to their lack of knowledge. I have seen some ads that used a similar name to a legit project to fool users. Sometimes people click those links to see what this project is all about and that is the first mistake they make. Those phishing links give access to the user wallet so it is advisable not to click any link anywhere unless you are sure you are not falling for a scam.

[Churchillvv]

This is common on all social platform, though X has the highest rate based on my biases but the truth is this scams ads can't be easily eradicated but can be reduced, only if artificial intelligences can be put out and for humans to regulate and thoroughly check ads before approval.

I'm also concerned about the comfortability of X current CEO because his concerned about others business but never takes time to look at his own business flaws. Well, we all know how insecure the internet is so we just have to be more careful.

[tsaroz]

Crypto scammers are using X ads to trick others into visiting websites that can steal their cryptocurrency or trick them with fake giveaways.

X shows ads based on what users are interested in, like many other platforms. Even though Elon Musk mentioned that YouTube has a lot of scam ads, it turns out that X has a problem too. More and more often, X is displaying ads that try to scam people into cryptocurrency-related frauds.

These scams might include links to Telegram channels that try to manipulate the value of a cryptocurrency (pump and dump), fake pages that try to steal personal information (phishing), or links to websites that can steal all the money from a connected wallet (crypto drainers).

https://www.cryptocrit.xyz/2024/01/x-users-are-struggling-as-crypto-scams.html

There are scammers everywhere. It's not only X but also Facebook, Youtube and wherever the scammers can find a gullible person. The only way of stopping them is through scam literacy. They would only stop when the advertising cost or effort on creating the scam is more expensive than the amount scammed.
I personally  have fell into such telegram pump group scammed that really looked able to pump coin to a high value, excited about my profit, tried to sell but than I found out that the coin is not sell-able and I have been scammed.

[oktana]

It seems they have made various changes after ownership was transferred to Elon. I still remember, before that, an ICO period on the forum (a more aggressive one) when we used to post hundreds of tweets daily. Imagine thousands of members doing that from a single forum. It was as scammy as it looked back in the time. Even today, the same practice is followed however, soon after the trend went down as accounts were blocked for spreading spam.

There are also giant accounts with millions of followers who keep trolling other projects, spreading FUD like X person will receive 100 ETH and shit like that. This is where X also started banning accounts.

Now when it comes to the ads part, I think X shall have a team of mods with human verification to approve the ads. They should eradicate any ads that are tailored for crypto scams. Only a human can recognize that. Advertisements have a big share of any social platform and it must be taken seriously to prevent further consequences if such spam keeps coming.

I am rather beginning to think that maybe these people who review and approve these ads do not actually see anything wrong with it at the time. What if the ad was properly disguised and then when it gets approved they make a few changes and maybe redirect to scam places? Maybe the only way which is a common feature on social media platforms is reporting the ad. For a fact, I know that 𝕏 doesn’t want people being mislead.

[el kaka22]

Twitter has been a terrible place ever since Elon took over, maybe the only thing that got a bit more popular under him is the community notes, which was created way before him and it wasn't just as popular, but because he took over and made almost everything a simple transactional place, I believe that people needed to use community notes a lot more often.

This is basically a situation where we need to realize that it is not going to be all that easy for anyone to do this properly, twitter is not a place people should look for investment. All those scams? Only possible to scam you if you go on twitter and willing to use your money when you see something you think making sense, but if you see something on twitter, assume ALL of them are scams.

[AakZaki]

Social media platform are a common place for scammers to start. This is where they find people who are new to the industry and can be fooled easily due to their lack of knowledge. I have seen some ads that used a similar name to a legit project to fool users. Sometimes people click those links to see what this project is all about and that is the first mistake they make. Those phishing links give access to the user wallet so it is advisable not to click any link anywhere unless you are sure you are not falling for a scam.

There are lots of spam ads floating around that contain phishing links that will steal everything from the people who fall for it. This can also be a video on YouTube, live or just an advertisement and in X there are quite a lot of paid advertisements that include phishing links, but they can be reported very easily so they can be blocked immediately. Sometimes several accounts also comment on someone's account discussing the same project, they usually provide a link that looks good to click because it is related to the airdrop being shared, etc. So you have to be more careful when clicking on any link, you have to check it repeatedly.

[MIner1448]

Crypto fraud on X platforms, as well as others, is indeed a serious problem. Such cases can lead to financial losses and leakage of users' personal information. The best way to combat such scams is through increased awareness among users and checking advertisements thoroughly before clicking on them. I myself have fallen for this type of fraud more than once.

[nelson4lov]

X didn't have ads like this in the beginning but in recent times,  the media has reported that X is currently worth around 70% less than what Elon Musk paid in 2022. So he has to make buy some of that money somehow. What's even more surprising is that even blue subscribers are not exempted from the ads — except the fact that they get less ads compared to free users.

My rule of thumb for dealing with these scammy ads is simply to block the accounts doing the ads. It's not much but I get some satisfaction that I'd see one less ad on my feed.

[TimeTeller]

X didn't have ads like this in the beginning but in recent times,  the media has reported that X is currently worth around 70% less than what Elon Musk paid in 2022. So he has to make buy some of that money somehow. What's even more surprising is that even blue subscribers are not exempted from the ads — except the fact that they get less ads compared to free users.

My rule of thumb for dealing with these scammy ads is simply to block the accounts doing the ads. It's not much but I get some satisfaction that I'd see one less ad on my feed.

That you can do as a user. It is not a difficult task to do anyway.
Also, avoid clicking those links if you think your security is being compromised.
This platform will always find a way how to earn money, so you can't blame them for deploying those ads as additional income.
The officials may be mum for now but if a certain influential person will comment on this, they may think about on this matter.

[DeathAngel]

This has been happening for years on that platform. I remember seeing Elon Musk ads to supposedly double your bitcoin by sending to a certain address. It’s not just X, they lowlives prey on the naive & desperate. If something seems too good to be true, in life, it almost definitely is. Please be vigilant & take your time online, verify everything before you input sensitive data that could lead to financial loss.

[jrrsparkles]

This has been happening for years on that platform. I remember seeing Elon Musk ads to supposedly double your bitcoin by sending to a certain address. It’s not just X, they lowlives prey on the naive & desperate. If something seems too good to be true, in life, it almost definitely is. Please be vigilant & take your time online, verify everything before you input sensitive data that could lead to financial loss.

It happened a long time back and not just Elon Musk, almost every rich person's twitter account was hacked and the one who hacked scammed the individuals with bitcoin doubling scheme and people fell for that even who knew it might be scam because it all went from the verified twitter profiles and thought that rich people in the world is feeling generous to the people.

[VanKushFamily.com]

Facebook just Banned Everything. I would say that People can Advertise their Websites and Everything, but no Ads for ICOs and Everything, that is a Good way to do it.

[kotajikikox]

Crypto scammers are using X ads to trick others into visiting websites that can steal their cryptocurrency or trick them with fake giveaways.

X shows ads based on what users are interested in, like many other platforms. Even though Elon Musk mentioned that YouTube has a lot of scam ads, it turns out that X has a problem too. More and more often, X is displaying ads that try to scam people into cryptocurrency-related frauds.

These scams might include links to Telegram channels that try to manipulate the value of a cryptocurrency (pump and dump), fake pages that try to steal personal information (phishing), or links to websites that can steal all the money from a connected wallet (crypto drainers).

https://www.cryptocrit.xyz/2024/01/x-users-are-struggling-as-crypto-scams.html

Twitter (X now)  is where the place in which scammers is putting their Baits to hunt victims over the years so do you expect that just because the Name and owner is new meaning the scams will gone?
this shows that even how technical the site is still we as users must be the one to be responsible for our own safeties.
remember tht X cares nothing about yours but your money in subscription and using.