In March, Twitter CEO Jack Dorsey held a clear-the-air livestream discussion to address concerns about the #health of the company’s platform. Abuse and disinformation were top of mind, but Dorsey also spoke to another problem as well: the proliferation of cryptocurrency giveaway scams.

Send us a small bit of bitcoin, an account made to look like @ElonMusk or @realDonaldTrump would say, pledging in true Nigerian Prince fashion that it would deliver a much larger amount in return. These were unsophisticated schemes, but they were widespread. Dozens of bogus scam-peddling celebrity accounts were being created every day, and that was alarming to Dorsey and to Twitter’s vice president of trust and safety, Del Harvey. On the livestream, Dorsey and Harvey promised quick, tactical action against them, noting that Twitter would use pattern matching and machine learning to eliminate a problem that seemingly came out of nowhere…

https://www.buzzfeednews.com/article/janelytvynenko/twitter-cryptocurrency-scams-verified-accounts-russia-target

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