Social media platform X is exploring new measures for first-time crypto-related posts following a scam involving a 193-year-old tortoise. The proposed rules aim to verify users and reduce phishing attacks.
- X is considering new rules for first-time crypto posts to combat scams.
- A scammer impersonated a veterinarian linked to a 193-year-old tortoise, deceiving users into buying a Solana-based memecoin.
- The JONATHAN memecoin's price surged by over 6,000% during the scam before dropping sharply.
- X's head of product, Nikita Bier, proposed auto-locking accounts and requiring verification for first-time crypto posts.
- Scammers frequently use anonymous accounts to trick users into sending cryptocurrency based on false pretenses.
- Similar unauthorized memecoins have been created based on public figures like Sanae Takaichi and Donald Trump.
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