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

Understanding the SEC Approval of Options on Spot Ethereum ETFs

Understanding the SEC Approval of Options on Spot Ethereum ETFs The world of cryptocurrency is constantly evolving, and recent developments have opened up new avenues for investors. On April 9, 2025, the U.S. Securities and Exchange Commission (SEC) approved options trading for multiple spot Ether (ETH) exchange-traded funds (ETFs). This approval has been observed as […]

Morgan Stanley’s Strategic Move into the Bitcoin Arena

Morgan Stanley’s Strategic Move into the Bitcoin Arena In recent years, the financial industry has witnessed a transformative shift with cryptocurrencies becoming an integral part of investment portfolios. One of the most significant moves in this sphere is Morgan Stanley’s substantial investment in Bitcoin. With $272.1 million vested in Bitcoin, representing just 0.02% of their […]

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 […]
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