The post X Employee Bribery Scandal Shocks Crypto Community appeared on BitcoinEthereumNews.com. A major scandal has rocked X, the everything app, as official accounts alleged that crypto scammers attempted to bribe site employees. It’s unclear if any team members acquiesced. The platform is apparently pursuing legal action against these scammers, who were operating on several social media platforms. Crypto Bribery on X Sponsored Sponsored X (formerly Twitter), Elon Musk’s social media app, is one of the leading platforms for crypto promotion. As is often the case, however, many firms try to unfairly put their thumb on the scale. Today, X revealed a foiled bribery scandal involving its own employees: X has exposed and is taking strong action against a bribery network targeting our platform. Suspended accounts involved in crypto scams and platform manipulation paid middlemen to attempt to bribe employees to reinstate their suspended accounts. These perpetrators exploit social… — Global Government Affairs (@GlobalAffairs) September 19, 2025 Specifically, official accounts alleged that some crypto scammers offered X employees a bribe to reinstate their profiles. Social media is a primary vector for crypto scams, and moderators constantly work to disable nefarious users. Apparently, however, some of these figures aimed to pay their way back into X’s good graces. It’s not clear if these efforts were successful, but it was an organized group operating across several social media platforms and popular Internet sites. X said the perpetrators are tied to a wider cybercriminal network known as “The Com.” The law enforcement has also linked this network to scams, SIM-swapping, and ransomware activity. The bribery attempts were made through intermediaries rather than direct contact with X employees, showing the structured nature of the scheme. According to the company, the same actors exploit other platforms and gaming ecosystems such as Instagram, TikTok, YouTube, Minecraft, and Roblox, giving the operation a broad digital footprint. X’s official statement… The post X Employee Bribery Scandal Shocks Crypto Community appeared on BitcoinEthereumNews.com. A major scandal has rocked X, the everything app, as official accounts alleged that crypto scammers attempted to bribe site employees. It’s unclear if any team members acquiesced. The platform is apparently pursuing legal action against these scammers, who were operating on several social media platforms. Crypto Bribery on X Sponsored Sponsored X (formerly Twitter), Elon Musk’s social media app, is one of the leading platforms for crypto promotion. As is often the case, however, many firms try to unfairly put their thumb on the scale. Today, X revealed a foiled bribery scandal involving its own employees: X has exposed and is taking strong action against a bribery network targeting our platform. Suspended accounts involved in crypto scams and platform manipulation paid middlemen to attempt to bribe employees to reinstate their suspended accounts. These perpetrators exploit social… — Global Government Affairs (@GlobalAffairs) September 19, 2025 Specifically, official accounts alleged that some crypto scammers offered X employees a bribe to reinstate their profiles. Social media is a primary vector for crypto scams, and moderators constantly work to disable nefarious users. Apparently, however, some of these figures aimed to pay their way back into X’s good graces. It’s not clear if these efforts were successful, but it was an organized group operating across several social media platforms and popular Internet sites. X said the perpetrators are tied to a wider cybercriminal network known as “The Com.” The law enforcement has also linked this network to scams, SIM-swapping, and ransomware activity. The bribery attempts were made through intermediaries rather than direct contact with X employees, showing the structured nature of the scheme. According to the company, the same actors exploit other platforms and gaming ecosystems such as Instagram, TikTok, YouTube, Minecraft, and Roblox, giving the operation a broad digital footprint. X’s official statement…

X Employee Bribery Scandal Shocks Crypto Community

2025/09/20 07:54

A major scandal has rocked X, the everything app, as official accounts alleged that crypto scammers attempted to bribe site employees. It’s unclear if any team members acquiesced.

The platform is apparently pursuing legal action against these scammers, who were operating on several social media platforms.

Crypto Bribery on X

Sponsored

Sponsored

X (formerly Twitter), Elon Musk’s social media app, is one of the leading platforms for crypto promotion. As is often the case, however, many firms try to unfairly put their thumb on the scale. Today, X revealed a foiled bribery scandal involving its own employees:

Specifically, official accounts alleged that some crypto scammers offered X employees a bribe to reinstate their profiles. Social media is a primary vector for crypto scams, and moderators constantly work to disable nefarious users.

Apparently, however, some of these figures aimed to pay their way back into X’s good graces. It’s not clear if these efforts were successful, but it was an organized group operating across several social media platforms and popular Internet sites.

X said the perpetrators are tied to a wider cybercriminal network known as “The Com.” The law enforcement has also linked this network to scams, SIM-swapping, and ransomware activity.

The bribery attempts were made through intermediaries rather than direct contact with X employees, showing the structured nature of the scheme.

According to the company, the same actors exploit other platforms and gaming ecosystems such as Instagram, TikTok, YouTube, Minecraft, and Roblox, giving the operation a broad digital footprint.

X’s official statement claimed that it’s taking legal action in this crypto bribery scandal. Elon Musk, the platform’s owner, hasn’t publicly commented yet, but the team said that its “commitment to ensuring [the] platform’s integrity is absolute.

Source: https://beincrypto.com/x-crypto-bribery-scandal-employee-scammer/

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

BlackRock boosts AI and US equity exposure in $185 billion models

BlackRock boosts AI and US equity exposure in $185 billion models

The post BlackRock boosts AI and US equity exposure in $185 billion models appeared on BitcoinEthereumNews.com. BlackRock is steering $185 billion worth of model portfolios deeper into US stocks and artificial intelligence. The decision came this week as the asset manager adjusted its entire model suite, increasing its equity allocation and dumping exposure to international developed markets. The firm now sits 2% overweight on stocks, after money moved between several of its biggest exchange-traded funds. This wasn’t a slow shuffle. Billions flowed across multiple ETFs on Tuesday as BlackRock executed the realignment. The iShares S&P 100 ETF (OEF) alone brought in $3.4 billion, the largest single-day haul in its history. The iShares Core S&P 500 ETF (IVV) collected $2.3 billion, while the iShares US Equity Factor Rotation Active ETF (DYNF) added nearly $2 billion. The rebalancing triggered swift inflows and outflows that realigned investor exposure on the back of performance data and macroeconomic outlooks. BlackRock raises equities on strong US earnings The model updates come as BlackRock backs the rally in American stocks, fueled by strong earnings and optimism around rate cuts. In an investment letter obtained by Bloomberg, the firm said US companies have delivered 11% earnings growth since the third quarter of 2024. Meanwhile, earnings across other developed markets barely touched 2%. That gap helped push the decision to drop international holdings in favor of American ones. Michael Gates, lead portfolio manager for BlackRock’s Target Allocation ETF model portfolio suite, said the US market is the only one showing consistency in sales growth, profit delivery, and revisions in analyst forecasts. “The US equity market continues to stand alone in terms of earnings delivery, sales growth and sustainable trends in analyst estimates and revisions,” Michael wrote. He added that non-US developed markets lagged far behind, especially when it came to sales. This week’s changes reflect that position. The move was made ahead of the Federal…
Share
BitcoinEthereumNews2025/09/18 01:44