Scammers seem to have wasted no time since the launch of Meta's new microblogging app, with several high-profile Crypto users on Twitter already warning of imposter accounts on Threads.
Threads launched on July 5, and subscriptions surpassed 98 million in the days that followed. It is still far from Twitter's estimated 450 million users.
However, in recent days, several Crypto Twitter figures have already pointed out fake accounts. in threads impersonate others or themselves.
On July 8, decentralized finance platform Wombex Finance tweeted an image of a Threads account posing as it, warning that it could be a scammer as the project is not on the platform.
Attention, #WombexWarriors!
Please note that Wombex Finance does NOT have an account on the Threads platform.
Any account claiming to be Wombex Finance on that platform is fraudulent and operated by a scammer!
To avoid scams, always check our official channels:… pic.twitter.com/uU8fc2lTiB
— Wombex (@WombexFinance) July 8, 2023
Non-Fungible Token (NFT) Influencer Leonidas tweeted a similar warning a day earlier to their more than 93,000 followers, saying that they and other "big NFT accounts" are being impersonated by "scammers" on Threads. Leonidas said that they have now created a Threads account to combat impersonators.
Jeffrey Huang, known on Twitter as Machi Big Brothertweeted his Threads profile on July 6, and one user pointed out that there was already a Threads account posing as his Twitter persona.
Damn dude, you already have a scam account on threads. pic.twitter.com/QTDv3V39H7
— Nataly (NLC) (@NLC972) July 6, 2023
So far, the aforementioned Thread accounts have avoided sharing any scam or phishing links, and most post crypto-related content.
Related: Elon Musk accuses Mark Zuckerberg of cheating: Twitter vs. Threads
For years, Twitter has been a popular channel for crypto phishing scammers, with a common tactic involving hack twitter accounts from well-known individuals and companies and posting malicious links.
Such links typically attempt to trick unwitting targets into sharing their crypto exchange login, a crypto wallet seed phrase, or get them to connect a wallet to a crypto drain smart contract.
In the first half of this year, USD 108 million in cryptocurrencies was stolen in such phishing scams according to a report by security firm Web3 Beosin.