X uncovers crypto bribery ring linked to hacker group

X has uncovered and dismantled a bribery network run by suspended users and crypto scammers who allegedly paid “middlemen” to bribe employees in exchange for account reinstatements.

On Friday, the social networking service confirmed that the scam was associated with bigger criminal groups. A number of those accounts were suspended for crypto scams and platform manipulation. The company emphasized cooperating closely with law enforcement agencies in the investigation.

In its announcement, the company noted that the scheme was uncovered with the help of blockchain analytics firm Chainalysis, which enabled investigators to track the perpetrators. X added that the suspended accounts attempted to bribe staff at social networks and…

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