Twitter Lists crypto scams led to $870k in losses in one year, researchers find
San Diego State University researchers uncovered 95,111 scam lists created from 87,617 accounts on X over one year — resulting in estimated financial losses of $870,000.Connect/Create WalletNo wallet? No problem. You can set one up for free. We recommend Torus for first-time users.San Diego State University researchers developed a fully automated scam detection system — dubbed GiveawayScamHunter — that uncovered 95,111 scam lists created from 87,617 accounts on X between June 2022 and June 2023.
Twitter Lists are a function of the social media platform that lets users customize, organize and prioritize the posts they see in their timelines. Users may add other users to lists without permission, andAccording to a research paperon Aug 10,"over 365 victims have been attacked by the [free cryptocurrency giveaway] scam, resulting in an estimated financial loss of $870,000" — and the problem hasn't been entirely solved.
"Our work sheds light on the dissemination strategies and behaviors of the scammers on Twitter, as well as the scale of scam victims and financial loss, emphasizing the urgent need to prevent the dissemination of scams on social networks and protect users from falling into such a fraudulent activity," the team concluded.
© 2023 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Ukraine Has Launched an Online Database That Lists Artworks Owned by Sanctioned Russians | Artnet NewsThe Ukraine government has launched an online database for identifying artworks tied to sanctioned Russian nationals.
Weiterlesen »
Robbie Robertson Memoir ‘Testimony’ Tops Bestseller Lists Following Iconic Musician’s DeathRobbie Robertson’s 2017 memoir “Testimony” has returned to the top of bestseller lists following the guitarist-songwriter-singer’s death. The musician, who led the Canadian-…
Weiterlesen »
Here’s our list of some of the top upset wins in Philadelphia sports historyThe lists includes big victories for the Phillies, Sixers, Eagles, Flyers, and Penn State.
Weiterlesen »
WSJ News Exclusive | One of the Oldest Homes in Pebble Beach Lists for $29 MillionA 1920s Spanish Revival on California’s Central Coast in the gated Pebble Beach community is hitting the market for $29 million
Weiterlesen »
WSJ News Exclusive | A Gated Sporting-Club Property in Florida Lists for $17.459 MillionA hunter’s community in South Florida is listing for $17.499 million. PineHaven Ranch is located in Pine Creek Sporting Club, a gated community with a members-only wing and clay-shooting club
Weiterlesen »