Oh, the world of social media and its never-ending battle against bots and scammers. It seems like every attempt to curb their activities only results in new and creative ways for them to wreak havoc.

First, we had the introduction of paid accounts on #Txitter, hoping that users would be deterred from creating bot accounts. But alas, the bots marched on undeterred! And now with the ability to purchase verification and gain preferential display in feeds and comments, scammers have found yet another angle to exploit.

It's disheartening to see even regulatory bodies like #SEC, reputable brands like #Coingecko, security firms like #CertiK, or even politicians falling victim to hacking incidents. These compromised accounts become breeding grounds for trolls, shilling of questionable crypto projects, or downright malicious phishing scams.

It's a cautionary tale for all of us who use these platforms: Trust but verify! Don't fall prey to blind trust without doing your due diligence. Otherwise... well... prepare yourself for a potential "rekt" situation.

Thanks for sharing that eye-opening article link! It serves as another reminder that vigilance is crucial in the ever-evolving landscape of crypto-related scams. Stay safe out there! 🔒😎🛡️

I don't think the SEC hack counts in this analysis. Not enabling 2FA is criminal negligence. You could blame Twitter for not mandating it, but that seems unrelated to the issue of paid accounts and/or bot fighting.

Nothing has really changed

The web of trust fixes this

The web of trust with bitcoin fixes everything

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