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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

#11
Recently I saw a swarm of ads on X for crypto scam or an adult site thing. It's like you will see only a single advertisment everywhere on X. Not like multiple advertisement changing all the time.

Also a lot of fraud likes or spamming referral posts. What is shitty is that you report them 5 times and still it is displayed again. Always with the exact same message so it should be easy for X to filter.

Re: Twitter Ad Scam Drains $59M from 63k Users in Crypto Heist

#12
post #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.

Virtual haberdashery owner is the dream I never knew I had, until now.

Re: Twitter Ad Scam Drains $59M from 63k Users in Crypto Heist

#13

> “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.

"Dollars are super legitimate, dude"

Except that the most international crime is enumerated in $. Do we ban dollars? Probably not and, again, we have nothing better than conclude that since we put together "crypto" and "scam" we conclude all "crypto bad". Zero exceptions. Why are comments like this allowed on a "nerdy site"? Can someone please explain or better yet stop it. Where is @dang when you need her?

Re: Twitter Ad Scam Drains $59M from 63k Users in Crypto Heist

#14

So 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.

That's the joke; I guess it went over your head.

Re: Twitter Ad Scam Drains $59M from 63k Users in Crypto Heist

#15
post #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.

Wow, video game hat exchange, such innovation!

Re: Twitter Ad Scam Drains $59M from 63k Users in Crypto Heist

#16

> “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.

"Dollars are super legitimate, dude" Except that the most international crime is enumerated in $. Do we ban dollars? Probably not and, again, we have nothing better than conclude that since we put together "crypto" and "scam" we conclude all "crypto bad". Zero exceptions. Why are comments like this allowed on a "nerdy site"? Can someone please explain or better yet stop it. Where is @dang when you need her?

Currency from one country doesn’t enable any crime or scam that any other currency from any other country doesn’t also enable.

Bitcoin and other cryptocurrencies allow new crimes and scams.

I maintain that cryptocurrency in general is a borderline scam in and of itself. Prices are easily manipulated and once you convince enough people that cryptocurrency is good, people start exchanging it for actual money, and then it crosses from borderline scam into actual scam.

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