Cryptocurrency scams bloom on Twitter amid very little policing

Twitter working to fix cryptocurrency scam issue

Neighbourhood Technology Desk/Avi Arya: In a strange twist, the verified account that provides customer service to Kraken users said on Tuesday that it had been banned from Twitter for trying to alert its customers to the various ways thieves are stealing digital assets online.Under twitter were several replies with the very type of scam that has resulted in hundreds or maybe even thousands of people having their digital assets stolen.

The fraudulent offer promises to send a large amount of Ether in exchange for an initial small deposit. Despite many users reporting fraudulent tweets, they continue to appear. As of this writing, Giancarlo ( The head of the U.S. Commodity Futures Trading Commission) is still unconfirmed, but Kraken did get its ban lifted for its customer support account.

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