Gate.io users at risk as scammers fake giveaway on hacked Twitter account

Cointelegraph

Published Oct 22, 2022 01:15AM ET

Updated Oct 24, 2022 05:00AM ET

Hackers took over the official Twitter account of crypto exchange Gate.io, putting over 1 million users at risk of losing funds to an ongoing fraudulent Tether (USDT) giveaway.

Social media platform Twitter serves as the most effective medium to reach the crypto community. As a result, the trend of hacking into official Twitter handles of verified accounts to promote scams is on the rise.

Continue Reading on Coin Telegraph