X Mulls New Rules for First-Time Crypto Posts Amid Tortoise Scam
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Social media platform X is considering implementing new rules for first-time user posts about crypto in an effort to crack down on scammers using phishing attacks to gain access to accounts.
Nikita Bier, the head of product at the platform formerly known as Twitter, made the
Crypto scammer faked death report of world’s oldest tortoise
According to the BBC report, a scammer on the social media platform X, pretended to be veterinarian Joe Hollins, posting that the tortoise had died on the British territory of Saint Helena, an island in the Atlantic. The account reportedly linked to a Solana blockchain memecoin based on Jonathan’s death.
“Jonathan the tortoise is very much alive,” said the real Hollins in a statement to The Guardian. “I believe on X the person purporting to be me is asking for crypto donations, so it’s not even an April fool joke. It’s a con.”
Many scammers have used anonymous or pseudonymous accounts on social media platforms to convince users to send crypto based on false pretenses. Although impersonating an animal like Jonathan is unusual, people have created unauthorized memecoins based on Japanese Prime Minister Sanae Takaichi, US President Donald Trump, and many other public figures.
Many hackers have used X accounts or gained access to legitimate accounts to post scams like fake memecoins or claims to “double your money.”
