‘Scammers’ pose as Crypto Twitter users on Threads as nearly 100 million users

It seems scammers have wasted no time since the launch of Meta’s new microblogging app – several high-profile crypto Twitter users have already warned about fraudulent accounts on the threads.

Threads launched on July 5 and has since seen over 98 million sign-ups in just a few days. That’s still a long way from Twitter’s estimated 450 million users.

However, in recent days, several crypto Twitter figures have already pointed out fake accounts posing as others or themselves on threads.

On July 8, decentralized finance platform Wombex Finance tweeted an image of a Threads account – with a warning that it could be a scammer as the project is not listed on the platform.

Non-Fungible Token (NFT) influencer Leonidas Tweeted issued a similar warning to his more than 93,000 followers a day earlier, saying that he and other “major NFT accounts” were being impersonated by “scammers” on the threads. Leonidas said he has now created an account on Threads to fight the copycats.

Jeffrey Huang, known as Machi Big Brother on Twitter, tweeted his Threads profile on July 6, with a user pointing out that a Threads account already existed as his Twitter persona.

So far, the mentioned thread accounts have refrained from sharing scam or phishing links with posting most crypto-related content.

Connected: Elon Musk Accuses Mark Zuckerberg of Fraud: Twitter Vs. threads

Twitter has been a popular medium for crypto-phishing scammers for years, with common tactics hacking Twitter accounts of well-known people and companies and posting malicious links.

Such links typically attempt to trick unwitting targets into either sharing their crypto exchange login, a crypto wallet seed phrase, or allowing them to connect a wallet to a crypto-exhaustive smart contract.

According to a report by Web3 security firm Beosin, $108 million worth of crypto was stolen in such phishing scams in the first half of this year.

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