A total of 95,111 scam lists, created from 87,617 accounts, on the Twitter Lists function were responsible for ‘free crypto giveaway’ scams that led to $870,000 in financial losses between June 2022 and June 2023. That’s according to new research from San Diego State University, which developed a fully automated scam detection system called GiveawayScamHunter.
Register for free to keep reading.
To continue reading this article and unlock full access to GRIP, register now. You’ll enjoy free access to all content until our subscription service launches in early 2026.
- Unlimited access to industry insights
- Stay on top of key rules and regulatory changes with our Rules Navigator
- Ad-free experience with no distractions
- Regular podcasts from trusted external experts
- Fresh compliance and regulatory content every day