Cryptocurrency News Today: Notoriously proactive Twitter finally gets around to banning outright scams

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Cryptocurrency News Today: Notoriously proactive Twitter finally gets around to banning outright scams
I mean, I guess those should be prohibited?
I mean, I guess those should be prohibited?

Image: Burhaan Kinu / getty

By Jack Morse

Because maybe, possibly, we guess, there should be a policy about that. 

Twitter, the tech industry darling notorious for proactively addressing problems, announced today that it’s finally making running financial scams on its platform against the rules. In other words, a company founded in 2006 decided in 2019 that straight up crime should be banned on its service. 

And yeah, why not. Twitter is a well known home for those looking to defraud oblivious users out of their hard-earned cash or Cryptocurrency, and it seems like someone at the company eventually decided that enough was enough. 

The question, of course, is why this took so long. We reached out to Twitter in an attempt to answer that very question, but received no immediate response. 

“[You] may not use Twitter’s services to deceive others into sending you money or personal financial information via scam tactics, phishing, or otherwise fraudulent or deceptive methods,” read the new rules. “Using scam tactics on Twitter to obtain money or private financial information is prohibited under this policy.”

We’re always updating our rules based on how online behaviors change. Today we’re expanding our policies to prohibit financial scams.

Read more: https://t.co/ihBxbTGKk5

— Twitter Safety (@Tw

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