Alert! A New XRP Scam Lurking Around The Corner

A new XRP scam is being used by Scammars by hacking prominent Twitter accounts and this time the official Twitter account of PricewaterhouseCoopers [PwC] Venezuela is the latest to be raided.

The illegal advert featured Ripple CEO Brad Garlinghouse’s image with the tagline “Big Event Hurry up!” which comes with a link tricking potential victims into sending their crypto. The tweet has since been removed from the official handle.

Alert! A New XRP Scam Lurking Around The Corner 3

Tricksters utilize social media sites such as Twitter, to reach their victims by promoting fake giveaways or sharing phishing links that can steal user information or even drain their cryptocurrency hot wallet.

Twitter however on its part, has sought to allay any such fears before they arise.

“Like any new feature, we’re intentionally testing Edit Tweet with a smaller group to help us incorporate feedback while identifying and resolving potential issues,” said Twitter in a blog. “This includes how people might misuse the feature. You can never be too careful.”

An edit tweet button was several of the features Elon Musk teased through an online poll during his Twitter takeover bid in April.

But midway through the deal Musk reviewed his position and did a U-turn on the $44 billion bid. The tech billionaire accused Twitter of being dishonest on the number of bots and fake users on the platform, a charge which the social media giant disagreed.

Twitter Scams…

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