Hackers compromise Uniswap founder’s Twitter account to promote scam

Members of Crypto Twitter have quickly identified and warned others against a scam being pushed by Uniswap founder

Bad actors utilizing social media platforms to try and con users out of crypto assets or fiat is nothing new, but those behind the firms have attempted to reduce the number and frequency of cons. Twitter executive chair Elon Musk announced on July 1 the platform would be temporarily limiting the number of posts users will be allowed to read daily in an effort to “detect and eliminate bots and other bad actors.”

On July 6, social media firm Meta launched Threads, a microblogging app expected to rival Twitter. Though the platform reached more than 100 million users in a matter of days, scammers promoting fake nonfungible token projects and impersonating other Crypto Twitter personalities have already appeared.

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