AI Exposes Million-Dollar Cryptocurrency Scam on Twitter’s Lists Feature 💰
Researchers at San Diego State University created an AI system, #GiveawayScamHunter , to uncover cryptocurrency giveaway scams on Twitter (now X).
They identified 95,111 scam lists and 87,617 accounts linked to scams between June 2022 and June 2023.
Using natural language processing, they found that scammers exploited Twitter Lists for their #scams . The study revealed 365 victims were attacked, resulting in a loss of $872K.
Although they reported the findings to #X and the crypto community, 43.9% of related accounts remain active, mostly as inactive spam accounts.
#Binance
#crypto2023
Researchers at San Diego State University created an AI system, #GiveawayScamHunter , to uncover cryptocurrency giveaway scams on Twitter (now X).
They identified 95,111 scam lists and 87,617 accounts linked to scams between June 2022 and June 2023.
Using natural language processing, they found that scammers exploited Twitter Lists for their #scams . The study revealed 365 victims were attacked, resulting in a loss of $872K.
Although they reported the findings to #X and the crypto community, 43.9% of related accounts remain active, mostly as inactive spam accounts.
#Binance
#crypto2023