Fat Pig Signals logo

PwC Account Hacked to Promote XRP Scam

Shares

The official Twitter account of PricewaterhouseCoopers (PwC) Venezuela has been hacked in order to promote an XRP scam.

Image by @PwC_Venezuela

It is advertising “a big event” with Ripple CEO Brad Garlinghouse that is supposed to take place an hour from now. Its tweet encloses a link that is supposed to bait potential victims into sending their crypto.

Prior to that, other verified accounts with significant following were compromised in order to promote the same scam.

XRP giveaway scams have been popping up on social media for years. In April 2020, Ripple went as far as filing a lawsuit against video hosting giant YouTube for failing to prevent and take down such scams. The company claimed that YouTube’s failure to crack down on fraudulent XRP videos damaged its reputation. 

Last September, YouTube reached a settlement agreement with Ripple last September. The two parties vowed to work together in order to crack down on cryptocurrency scams.

Last May, XRP scammers managed to hack the official account of Spain's oldest law enforcement agency.

Social media are still teeming with cryptocurrency scams after all these years. Scammers typically target verified accounts in order to give credence to their fraudulent offerings.    


Read more on U.Today https://u.today/pwc-account-hacked-to-promote-xrp-scam

Shares

Related Articles

Judge Dismisses Consensys Lawsuit Against SEC Regarding MetaMask and Ethereum Claims

A recent legal battle involving Consensys, a prominent blockchain and web3 development company, and the U.S. Securities and Exchange Commission (SEC) has reached a critical juncture. A federal judge in Texas dismissed Consensys' lawsuit against the SEC, which had contested the agency's classification of Ethereum (ETH) as a security and its focus on Consensys’ MetaMask […]

Understanding the SEC's Approval of Grayscale's Digital Large Cap Fund to ETF

Understanding the SEC's Approval of Grayscale's Digital Large Cap Fund to ETF The landscape of cryptocurrency investments is rapidly evolving, and a significant milestone has recently been achieved. The U.S. Securities and Exchange Commission (SEC) has approved the conversion of Grayscale's Digital Large Cap Fund into a spot exchange-traded fund (ETF). This is big news […]

German Government Transfers $172M in Bitcoin to Multiple Locations

German Government Transfers $172M in Bitcoin to Multiple Locations In a significant move, the German government has transferred 3,000 Bitcoins (BTC) worth over $172 million to multiple locations. This strategic transfer could potentially impact the cryptocurrency market significantly. The Transfer Details According to blockchain investigators, the German government labeled wallet transferred 1,300 BTC to major […]
PHISHING WARNING: Please make sure you’re visiting https://www.fatpigsignals.com. There has been an increasing amount of scammers and Impersonators. Please verify the handles carefully as well. Admins will never contact you selling investment products or a fund.
Official Admin Contacts: https://t.me/dad10 and https://t.me/gangplank123
+

Share