Close Menu
    What's Hot

    12 Pitch Decks Startup Founders 25 and Under Used to Raise Millions

    March 14, 2026

    BlackRock Just Launched a Staked ETH ETF — Is Wall Street About to Pile In?

    March 14, 2026

    Alex Karp: AI Is Bad News for ‘Mostly Democratic Voters’

    March 14, 2026
    Facebook X (Twitter) Instagram
    Hot Paths
    • Home
    • News
    • Politics
    • Money
    • Personal Finance
    • Business
    • Economy
    • Investing
    • Markets
      • Stocks
      • Futures & Commodities
      • Crypto
      • Forex
    • Technology
    Facebook X (Twitter) Instagram
    Hot Paths
    Home»Markets»Crypto»X Exposes Massive Bribe Scandal to Restore Suspended Crypto Accounts
    Crypto

    X Exposes Massive Bribe Scandal to Restore Suspended Crypto Accounts

    Press RoomBy Press RoomSeptember 19, 2025No Comments4 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email

    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.

    X has exposed and is taking strong action against a bribery network targeting our platform. Suspended accounts involved in crypto scams and platform manipulation paid middlemen to attempt to bribe employees to reinstate their suspended accounts. These perpetrators exploit social…

    — Global Government Affairs (@GlobalAffairs) September 19, 2025

    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.

    @X CEO has announced that users will soon be able to trade and invest directly on the platform, turning it into an “everything app.” #X #Tradehttps://t.co/Kgy3v7ifq3

    — Cryptonews.com (@cryptonews) June 20, 2025

    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.

    The post X Exposes Massive Bribe Scandal to Restore Suspended Crypto Accounts appeared first on Cryptonews.

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Press Room

    Related Posts

    BlackRock Just Launched a Staked ETH ETF — Is Wall Street About to Pile In?

    March 14, 2026

    BTC Hits Weekly High Despite US–Iran War Fears — What Do Bulls Know?

    March 14, 2026

    China’s Alibaba AI Predicts the Price of XRP, Bitcoin and Ethereum by The End of 2026

    March 14, 2026
    Leave A Reply Cancel Reply

    LATEST NEWS

    12 Pitch Decks Startup Founders 25 and Under Used to Raise Millions

    March 14, 2026

    BlackRock Just Launched a Staked ETH ETF — Is Wall Street About to Pile In?

    March 14, 2026

    Alex Karp: AI Is Bad News for ‘Mostly Democratic Voters’

    March 14, 2026

    BTC Hits Weekly High Despite US–Iran War Fears — What Do Bulls Know?

    March 14, 2026
    POPULAR
    Business

    The Business of Formula One

    May 27, 2023
    Business

    Weddings and divorce: the scourge of investment returns

    May 27, 2023
    Business

    How F1 found a secret fuel to accelerate media rights growth

    May 27, 2023
    Advertisement
    Load WordPress Sites in as fast as 37ms!

    Archives

    • March 2026
    • February 2026
    • January 2026
    • December 2025
    • November 2025
    • October 2025
    • September 2025
    • August 2025
    • July 2025
    • June 2025
    • May 2025
    • April 2025
    • March 2025
    • February 2025
    • January 2025
    • December 2024
    • November 2024
    • April 2024
    • March 2024
    • February 2024
    • January 2024
    • December 2023
    • November 2023
    • October 2023
    • September 2023
    • May 2023

    Categories

    • Business
    • Crypto
    • Economy
    • Forex
    • Futures & Commodities
    • Investing
    • Market Data
    • Money
    • News
    • Personal Finance
    • Politics
    • Stocks
    • Technology

    Your source for the serious news. This demo is crafted specifically to exhibit the use of the theme as a news site. Visit our main page for more demos.

    We're social. Connect with us:

    Facebook X (Twitter) Instagram Pinterest YouTube

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    Facebook X (Twitter) Instagram Pinterest
    • Home
    • Buy Now
    © 2026 ThemeSphere. Designed by ThemeSphere.

    Type above and press Enter to search. Press Esc to cancel.