The new social network called Threads, released by Mark Zuckerberg last week, has already more than 100 million users. Unfortunately, cryptoscammers quickly came up with a scheme to exploit inexperienced users.
What happened
One of the first individuals to draw attention to this problem was NFT influencer Leonidas, who boasts a follower count of over 90,000. On July 7, he tweeted that scammers on Threads are posing as famous Twitter accounts.
Later, on July 8, the DeFi platform WombexFinance also warned users about a similar issue.
Stay safe
The main potential threat from such fake accounts is that, after some time, they may gain an audience and the trust of users, only to eventually publish phishing links or scam contract addresses. Those who interact with the fraudulent accounts could lose their hard-earned crypto.
The best way to protect yourself from falling victim to these scams, it is crucial to be cautious. One recommended approach is to verify Threads account by checking for a link to it in the influencer’s or crypto project’s other verified social networks, rather than directly searching for accounts with the same username on Threads.
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