MarketAlert – Real-Time Market & Crypto News, Analysis & AlertsMarketAlert – Real-Time Market & Crypto News, Analysis & Alerts
Font ResizerAa
  • Crypto News
    • Altcoins
    • Bitcoin
    • Blockchain
    • DeFi
    • Ethereum
    • NFTs
    • Press Releases
    • Latest News
  • Blockchain Technology
    • Blockchain Developments
    • Blockchain Security
    • Layer 2 Solutions
    • Smart Contracts
  • Interviews
    • Crypto Investor Interviews
    • Developer Interviews
    • Founder Interviews
    • Industry Leader Insights
  • Regulations & Policies
    • Country-Specific Regulations
    • Crypto Taxation
    • Global Regulations
    • Government Policies
  • Learn
    • Crypto for Beginners
    • DeFi Guides
    • NFT Guides
    • Staking Guides
    • Trading Strategies
  • Research & Analysis
    • Blockchain Research
    • Coin Research
    • DeFi Research
    • Market Analysis
    • Regulation Reports
Reading: X Exposes Massive Bribe Scandal to Restore Suspended Crypto Accounts
Share
Font ResizerAa
MarketAlert – Real-Time Market & Crypto News, Analysis & AlertsMarketAlert – Real-Time Market & Crypto News, Analysis & Alerts
Search
  • Crypto News
    • Altcoins
    • Bitcoin
    • Blockchain
    • DeFi
    • Ethereum
    • NFTs
    • Press Releases
    • Latest News
  • Blockchain Technology
    • Blockchain Developments
    • Blockchain Security
    • Layer 2 Solutions
    • Smart Contracts
  • Interviews
    • Crypto Investor Interviews
    • Developer Interviews
    • Founder Interviews
    • Industry Leader Insights
  • Regulations & Policies
    • Country-Specific Regulations
    • Crypto Taxation
    • Global Regulations
    • Government Policies
  • Learn
    • Crypto for Beginners
    • DeFi Guides
    • NFT Guides
    • Staking Guides
    • Trading Strategies
  • Research & Analysis
    • Blockchain Research
    • Coin Research
    • DeFi Research
    • Market Analysis
    • Regulation Reports
Have an existing account? Sign In
Follow US
© Market Alert News. All Rights Reserved.
  • bitcoinBitcoin(BTC)$77,833.00-1.23%
  • ethereumEthereum(ETH)$2,318.40-2.92%
  • tetherTether(USDT)$1.000.02%
  • rippleXRP(XRP)$1.43-1.35%
  • binancecoinBNB(BNB)$637.57-1.09%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$85.46-2.76%
  • tronTRON(TRX)$0.3292320.15%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.04-0.01%
  • dogecoinDogecoin(DOGE)$0.096762-0.70%
NFTs

X Exposes Massive Bribe Scandal to Restore Suspended Crypto Accounts

Last updated: September 20, 2025 5:20 am
Published: 7 months ago
Share

Hassan, a Cryptonews.com journalist with 6+ years of experience in Web3 journalism, brings deep knowledge across Crypto, Web3 Gaming, NFTs, and Play-to-Earn sectors. His work has appeared in…

X’s Global Government Affairs team announced on September 19, 2025, that it had uncovered a bribery network attempting to reinstate accounts suspended for crypto scams and platform manipulation.

According to the company, middlemen were used to approach employees with bribe offers on behalf of scammers whose accounts had previously been banned.

The announcement comes after a year marked by rising crypto-related phishing attacks and more than $2.1 billion in losses recorded in early 2025.

X also reported suspending over 335 million abusive accounts in late 2024, indicating the scale of efforts to combat misuse of the platform.

Users responded positively to the latest crackdown, though many called for greater transparency and stronger protections against manipulation.

X Says Global Crime Ring Tried to Corrupt Employees

In its official statement, X said the bribery scheme extended beyond its own ecosystem. The same actors were also targeting other social platforms and gaming communities, including Instagram, TikTok, YouTube, Minecraft, and Roblox.

The company identified links to a wider cybercriminal network known as “The Com,” which law enforcement agencies have connected to scams, SIM-swapping, and ransomware activity.

“X has exposed and is taking strong action against a bribery network targeting our platform,” the Global Government Affairs account posted.

“Suspended accounts involved in crypto scams and platform manipulation paid middlemen to attempt to bribe employees to reinstate their suspended accounts.

Legal proceedings are underway against participants, and we’re fully supporting law enforcement. Our commitment to ensuring our platform’s integrity is absolute.”

The company did not confirm whether any employees had accepted bribes but stressed that the network operated through intermediaries, suggesting a structured and organized scheme. X confirmed that it is pursuing legal action against those involved, in coordination with international authorities.

The scandal highlights the ongoing challenges faced by X, formerly known as Twitter, which remains a central hub for the crypto community and one of the most widely used platforms for promotion and discussion.

Despite multiple enforcement actions, the prevalence of scams on social media continues to undermine trust and raise questions about how effectively platforms can contain coordinated abuse.

While Elon Musk, the company’s owner, has not publicly addressed the bribery revelations, the announcement signals X’s attempt to reinforce confidence in its integrity at a time of heightened scrutiny over crypto crime.

The company emphasized that its enforcement measures will continue, with legal and technical steps aimed at shutting down attempts to manipulate the platform.

Crypto Theft at Core of Cybercrime Ecosystem Exposed by X Probe

The bribery network exposed by X has drawn renewed attention to “The Com,” an international cybercriminal ecosystem identified by law enforcement as a major driver of online fraud.

In July, the Federal Bureau of Investigation (FBI) issued a public warning about one of its subgroups, Hacker Com, describing it as a technically skilled community engaged in a wide range of cyber offenses, including phishing, ransomware, SIM swapping, and cryptocurrency theft.

The FBI noted that many of the group’s members are minors and often operate across multiple platforms. Hacker Com actors are known to sell services, steal funds to finance further crimes, and even target one another in disputes over cryptocurrency balances or status.

Investigators have linked the group to high-profile attacks, with some subgroups extending into real-world violence and extortion.

Cryptocurrency theft remains the primary motivator, frequently involving the use of malware, spoofing technology, and encrypted communications to hide identities and cash out stolen funds.

The revelations come at a time when X is preparing to expand into financial services through X Money, its upcoming digital wallet in partnership with Visa.

While the company pursues legal action against those involved in the bribery plot, regulators are likely to scrutinize its growing role in online finance and security.

Read more on cryptonews.com

This news is powered by cryptonews.com cryptonews.com

Share this:

  • Share on X (Opens in new window) X
  • Share on Facebook (Opens in new window) Facebook

Like this:

Like Loading...

Related

Hypurr NFT Fetches $467K As $400K Hack Fear Hits Hyperliquid
Is Art Always Already Too Late?
Zero Knowledge Proof Compared With Bitcoin, Ethereum, and Solana in 2026 – Crypto Economy
How To Build An On-chain Resume – FinanceFeeds
WHAT THE TECH? The tech graveyard

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Email Copy Link Print
Previous Article Remilia Launching Milady Social Media Network to Serve ‘4chan Diaspora’ – Decrypt
Next Article Protected: Money Moves for Building Legacies – News Directory 3
© Market Alert News. All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Prove your humanity


Lost your password?

%d