Vitalik Buterin accused Twitter of the dominance of his clones

The co-founder of Ethereum said that Twitter’s anti-fraud system, based on verified accounts with blue checkmarks, has completely failed.

According to Vitalik Buterin, more and more users are becoming victims of crypto fraud and this requires serious intervention from a “third party”. As an example, he cited clones of his own account, which successfully confirmed that they are Vitaly Buterin, and now offer frankly fraudulent services:

So many scam accounts have blue checkmarks these days.

Seems like a complete failure of blue checkmarks in their current form. I’m definitely seeing the wisdom of turning third twitter into an open API and letting parties try to make the best UIs to solve these problems. pic.twitter.com/CIwAdpRAkv

— vitalik.eth (@VitalikButerin) October 1, 2022

It is worth turning Twitter into an open API and allowing any willing third party to create a user interface to solve the problem,” Buterin tweeted. He did not specify who he sees as a third party.

The Ethereum co-founder’s dislike of scammers promoting their crypto projects via Twitter has been going on since 2017, when he received a message from a scammer posing as @VitalikButerin. Someone masquerading as Vitalik Buterin was engaged in phishing – he sent out messages asking him to follow the link and carry out the actions described in the instructions, which “will help to avoid withdrawing funds from the cryptocurrency wallet.”
Ethereum’s transition to PoS has caused a new surge of scams on Twitter. Last week, the EtherPoW Ethereum fork team alerted the community to the proliferation of fake accounts and websites on social media posing as the official page of the project. A little earlier, hackers hacked into the account of the Nigerian news publication Nigerian Business Day, where they published information about the distribution of BTC and ETH on behalf of the CEO of MicroStrategy.

In 2020, there was a massive hacking of the Twitter accounts of a number of founders of cryptocurrency projects and the pages of large exchanges. Fraudsters tried to massively post announcements for the distribution of 5,000 BTC.