The Crypto Scam Epidemic: How Hackers Are Exploiting Influential Accounts

>
> *Re: Rising Cryptocurrency Scams Targeting Social Media Accounts*
>
> Dear Jacinta and Fellow Listers,
>
> Thank you for shedding light on this pressing issue. The increasing
> exploitation of verified social media accounts for cryptocurrency scams is
> a serious threat, not only to individuals but also to the credibility of
> institutions and digital platforms.
>
> While public awareness is crucial, it is equally important for social
> media platforms to enhance security measures, including stronger
> authentication processes and faster response mechanisms to compromised
> accounts. Additionally, regulatory frameworks need to evolve to address
> these emerging threats without stifling innovation.
>
> Collaboration between the government, tech community, and civil society,
> as you rightly pointed out, will be key in combating this menace. Looking
> forward to engaging in further discussions on how we can collectively
> strengthen digital resilience.
>
> Best regards,
> Alexander N. Kathanzu
>
*Linked: www.linkedin.com/in/alexander-kathanzu-a2177b297
<www.linkedin.com/in/alexander-kathanzu-a2177b297>*