Experts say the catchall term for online fraud furthers harm against victims and could dissuade people from reporting attempts to bilk them out of their money.
Hackers hijack govt and business accounts on X for crypto scams
Hackers are increasingly targeting verified accounts on X (formerly Twitter) belonging to government and business profiles and marked with 'gold' and 'grey' checkmarks to promote cryptocurrency scams, phishing sites, and sites with crypto drainers.