In an interesting revelation, social media company X (formerly known as Twitter) announced that it is taking strong action against a bribery network employed by crypto scammers. According to the platform, this group of suspended users involved in crypto scams tried bribing X employees to recover their lost accounts.
Bribery Attempt Linked To International Cybercrime Organization: X
In a September 19 post on its platform, X’s Global Government Affairs team released a statement, alleging that some suspended accounts involved in crypto scams and platform manipulation engaged middlemen to try to bribe its employees. The team revealed that X has been “exposed” and is taking action against the bribery network.
According to the Global Government Affairs team’s report, the alleged perpetrators also exploit social media platforms, including Instagram, TikTok, YouTube, Minecraft, and Roblox. The X team claimed that some of the implicated crypto scammers are linked to wider criminal organizations such as “The Com.”
For context, The Com—also known as The Community—is an international online network made of multiple cybercriminal networks operating in various countries across the world. This online crime syndicate has been implicated in various cases of crypto theft, violence incitement, and data breaches.
In July, the US Federal Bureau of Investigation published a warning concerning the criminal activities of The Com. According to the law enforcement agency, the international group consists primarily of English-speaking minors who have a shared interest and ideology.
The FBI statement read:
The FBI estimates thousands of individuals identify as current or recent members of The Com with varying levels of associated activity. The motivations behind the criminal activity vary, but often fall within one of the following: financial gain, retaliation, ideology, sexual gratification, and notoriety.
Furthermore, X’s Global Government Affairs team disclosed that it will fully support law enforcement regarding this case, and legal actions are being taken against the perpetrators of this bribery attempt. “Our commitment to ensuring our platform’s integrity is absolute,” the social media company’s statement read.
Crypto Hacks Lead To $163 Million Loss In August: PeckShield
Crypto scams and hacks have remained a serious concern in the industry, with the amount of assets lost to these illegal activities climbing each month. According to a recent report by security firm PeckShield, around $163 million in digital assets was lost to hacks and security breaches in August 2025.
The security report revealed that this figure represents a 15% increase from the $142 million lost in July 2025. PeckShield shared that the $163 million lost came from around 16 major crypto exploits, with BtcTurk’s $50 million hack the significant incident.
The total crypto market capitalization at $3.97 trillion on the daily timeframe | Source: TOTAL chart on TradingView
Related Posts
