Posting your first crypto post to verify! X rolls out new anti-fraud rules to prevent hackers from stealing accounts—cracking down on scam-coin spam promotion
The social media platform X is rolling out a mandatory verification mechanism for cryptocurrency-related content to address increasingly severe scam problems. The mechanism will lock an account when it is first mentioned in relation to cryptocurrency, requiring users to complete identity verification. According to data, in 2025, crypto scams are expected to reach $17.0 billion, and social media platforms have become an important source of scams. The new measure is intended to reduce the success rate of scams that rely on high-trust accounts used by hackers; however, scam activity is still expanding rapidly, and preventive measures face challenges.