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In a surprising discovery, social media platform X (previously named Twitter) revealed that it is taking decisive measures against a bribery operation facilitated by crypto fraudsters. As per the platform’s information, this assembly of suspended accounts connected to crypto frauds attempted to bribe X staff to regain their after being disabled accounts.
Bribery Effort Associated With Global Cybercrime Syndicate: X
In a post dated September 19 on its platform, X’s Global Government Affairs division issued a declaration, asserting that certain suspended accounts involved in crypto frauds and platform manipulation utilized intermediaries in an attempt to bribe its personnel. The division disclosed that X has been “revealed” and is initiating actions against the bribery operation.
According to the report from the Global Government Affairs division, the alleged offenders also take advantage of social media platforms, including Instagram, TikTok, YouTube, Minecraft, and Roblox. The X team asserted that some of the implicated crypto fraudsters are connected to broader criminal organizations like “The Com.”
For additional context, The Com—also referred to as The Community—is a global online network comprised of multiple cybercriminal groups operating in various nations worldwide. This online crime syndicate has been linked to numerous instances of cryptocurrency theft, incitement of violence, and data breaches.
In July, the US Federal Bureau of Investigation issued a caution regarding the illicit activities of The Com. The enforcement agency indicated that this international group mainly consists of English-speaking minors sharing common interests and ideologies.
The FBI’s announcement stated:
The FBI estimates thousands of individuals claim to be current or recent members of The Com with varying degrees of associated activity. The reasons behind the criminal actions differ but often fall into one of the following: financial profit, retaliation, ideology, sexual satisfaction, and fame.
Moreover, X’s Global Government Affairs division revealed that it will provide full support to law enforcement regarding this case, and legal measures are being undertaken against the offenders involved in this bribery endeavor. “Our resolve to maintain our platform’s integrity is unwavering,” stated the social media company.
Crypto Intrusions Result In $163 Million Loss In August: PeckShield
Crypto frauds and breaches continue to pose a significant threat in the sector, with the sum of assets lost to these illicit actions rising monthly. As reported by a recent report from security firm PeckShield, approximately $163 million in digital assets was forfeited to hacks and security lapses in August 2025.
The security analysis indicated that this amount signifies a 15% increase from the $142 million lost in July 2025. PeckShield disclosed that the $163 million loss resulted from roughly 16 significant crypto exploits, with BtcTurk’s $50 million breach being the most notable incident.
The total crypto market capitalization at $3.97 trillion on the daily timeframe | Source: TOTAL chart on TradingView
Featured image from Medium, chart from TradingView
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