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X users fed up with constant stream of malicious crypto ads

ID: e7282902-4952-5711-8b87-6695ab8247d6

STIX ID: report--e7282902-4952-5711-8b87-6695ab8247d6

Feed Name: Bleeping Computer

Threat Score
70/100

Date Published: 2024-01-06

Date Updated: 2026-04-20

Author: Lawrence Abrams

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The article documents a surge of malicious advertisements on X (formerly Twitter) used to funnel users to crypto drainers, fake airdrops, phishing pages, and pump-and-dump schemes; it highlights community warnings and reporting and cites MS Drainer as an example that allegedly stole $59M from ~63k victims, suggesting systemic vetting failures in X’s ad platform and active, large-scale criminal campaigns targeting crypto users.

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