https://arstechnica.com/tech-policy/2024/01/crypto-scams-surging-on-x-use-hijacked-gold-and-gray-checks-from-verified-orgs/

There's currently a surge in cryptocurrency and phishing scams proliferating on X (formerly Twitter)—hiding under the guise of gold and gray checkmarks intended to mark "Verified Organizations," reports have warned this week.

These scams seem to mostly commandeer dormant X accounts purchased online through dark web marketplaces, according to a whitepaper released by the digital threat monitoring platform CloudSEK. But the scams have also targeted high-profile X users who claim that they had enhanced security measures in place to protect against these hacks.