This is being warned by service officials on Twitter

Fake accounts of crypto projects appeared in Threads

10.07.2023 - 13:25


2 min

What’s new? Participants of the crypto community told about the appearance of fake accounts of crypto projects in the Threads social network. The microblogging platform, similar in functionality to Twitter, was launched by Meta on July 5, since then it has registered more than 98 million users. So, on July 8, the team of the Wombex Finance DeFi platform said that scammers created a fake account of the project in Threads, adding that it is not officially represented on the new platform.

What else is known? On July 7, the developer of the blockchain explorer for BRC-20 standard tokens under the nickname Leonidas.og reported that scammers on Threads were impersonating him and creating fakes of other major Twitter accounts on the topic of non-fungible tokens (NFTs). The developer has since created his own official account on the new app.

Jeffrey Huang, the founder of crypto projects Cream Finance and Mithril and co-founder of Machi X, posted his Threads profile on Twitter, with one user noting that his fake account already exists in the app

In April, KuCoin customers lost more than $22 000 when the exchange’s Twitter account was hacked. In May, hackers managed to withdraw more than $15 million in BTC, ETH, USDT stablecoins, and other cryptocurrencies through the fake website of the HitBTC exchange.

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