Twitter Ad Scam Drains $59M from 63k Users in Crypto Heist
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Re: Twitter Ad Scam Drains $59M from 63k Users in Crypto Heist
#2So you're saying speech can be not just free, but profitable?
Re: Twitter Ad Scam Drains $59M from 63k Users in Crypto Heist
#3So you're saying speech can be not just free, but profitable?
This scam site is just advertised there. Ads have nothing to do with free speech. This is more about bad (or inexistent) QA on the ads.
Also let’s stop repeating the claim that Twitter has “free speech“. You can’t criticize Elon there, or post the location of his jet. “Free speech” is just a thin veiled lie to excuse their bringing in extremists like Alex Jones or Trump.
Re: Twitter Ad Scam Drains $59M from 63k Users in Crypto Heist
#4So you're saying speech can be not just free, but profitable?
This scam site is just advertised there. Ads have nothing to do with free speech. This is more about bad (or inexistent) QA on the ads. Also let’s stop repeating the claim that Twitter has “free speech“. You can’t criticize Elon there, or post the location of his jet. “Free speech” is just a thin veiled lie to excuse their bringing in extremists like Alex Jones or Trump.
Its wild to see the community notes under most of the ads warning of scams. I've see debates break out in the comment thread under the ads about just what kind of scam it is.
Re: Twitter Ad Scam Drains $59M from 63k Users in Crypto Heist
#5[deleted]
Re: Twitter Ad Scam Drains $59M from 63k Users in Crypto Heist
#6So you're saying speech can be not just free, but profitable?
This scam site is just advertised there. Ads have nothing to do with free speech. This is more about bad (or inexistent) QA on the ads. Also let’s stop repeating the claim that Twitter has “free speech“. You can’t criticize Elon there, or post the location of his jet. “Free speech” is just a thin veiled lie to excuse their bringing in extremists like Alex Jones or Trump.
Ads are still UGC, it just costs more to post and guarantees views (at least for now, until everyone leaves). Seeing ads as magically separate is to not understand Twitter’s business model.
So “QA” on ads is still moderation and, if you like, can be called “censorship”. Interestingly, under Musk Twitter still moderates ads more strictly than tweets.
The bar has been dropping, since it’s either QA and almost no ads or profit, or this kind of shady ads and at least some profit. Original Twitter in this situation was burning money by not showing ads at all while working hard on publicity and reputation to attract the big advertisers and become a sustainable business. Now the new guy comes says he will stop them burning money… and basically nukes the business model.
Re: Twitter Ad Scam Drains $59M from 63k Users in Crypto Heist
#7> “Crypto is super legitimate, bro.”
It’s really not. I’m so tired of people being surprised by articles like this. Scams like this and ransomware would simply not exist without cryptocurrency, and that’s enough for me to eschew their use entirely.
There is literally no legitimate excuse for cryptocurrency, and I don’t think there ever was.
Re: Twitter Ad Scam Drains $59M from 63k Users in Crypto Heist
#8The linked article doesn't contain much information or screenshots, here's the real source: https://www.bleepingcomputer.com/news/security/crypto-draine...
Re: Twitter Ad Scam Drains $59M from 63k Users in Crypto Heist
#9> “Crypto is super legitimate, bro.” It’s really not. I’m so tired of people being surprised by articles like this. Scams like this and ransomware would simply not exist without cryptocurrency, and that’s enough for me to eschew their use entirely. There is literally no legitimate excuse for cryptocurrency, and I don’t think there ever was.
To be fair, I think the most useful applications of blockchain technology are still to come. For example, NFTs could let gamers wear the same hat across multiple video games, and allow the creation of a speculative market for video game hats.
Re: Twitter Ad Scam Drains $59M from 63k Users in Crypto Heist
#10> “Crypto is super legitimate, bro.” It’s really not. I’m so tired of people being surprised by articles like this. Scams like this and ransomware would simply not exist without cryptocurrency, and that’s enough for me to eschew their use entirely. There is literally no legitimate excuse for cryptocurrency, and I don’t think there ever was.
To be fair, I think the most useful applications of blockchain technology are still to come. For example, NFTs could let gamers wear the same hat across multiple video games, and allow the creation of a speculative market for video game hats.
Can’t tell if this comment is sarcastic or not, genuinely.