Elon Musk’s social media platform, X (formerly Twitter), is making changes to address the feasibility of crypto scams that have long proliferated on the platform, according to posts from X Head of Product Nikita Bier.
“This should kill 99% of the incentive, especially since Google isn’t doing shit to stop the phishing emails,” Bier added.
Yeah we’re aware.
We are in the process of implementing auto-locking + verification if a user posts about cryptocurrency for the first time in the history of their account.
This should kill 99% of the incentive, especially since Google isn’t doing shit to stop the phishing…
In other words, the new rollout may lock down a profile and seek user authentication if it posted about crypto for the first time out of the blue. In Bier’s eyes, this would likely dissuade malicious actors from taking over accounts just to promote crypto tokens.
Specifics about how the account auto-locking would have transpired in the scenario had the feature been implemented are not clear, but it may have signaled red flags to consumers long before the hoax was debunked. Bier later indicated on X that the platform would detect meme coin activities without any prior connections, especially with accounts that have a significant number of followers.
A representative for X did not immediately respond to Decrypt’s request for more specifics about how the feature will vet the legitimacy of crypto discourse from accounts posting about it for the first time.
