Twitter Introduces Edit Buttons, But Will This Increase The Number Of Crypto Scams?

The world’s largest social media site, Twitter, is now testing the ability to edit tweets, prompting concerns about whether this new function will make the platform better or invite new issues.

Editing tweets will provide users a grace period of about 30 minutes from publication to polish their postings, repairing typos and other minor errors like missed tags. According to Twitter, an edit tweet tool is their “highest requested feature to date.”

The idea might potentially have some substantial disadvantages. An edit tweet button has sparked worries that it would make scam bait content more common on the website.

Twitter having issues lately?

Although the feature is now unavailable to the general public, industry insiders are already making assumptions about how it might be abused.

The CEO of SocialProof Security and ethical hacker Rachel Tobac shared her opinions on how dishonest users can try to profit from the chance that the edit tweet button might present.

She told the Washington Post that “Somebody will tweet something that says, ‘These two celebrities recently started dating’.” It spreads widely. They enter and alter that to a cryptocurrency scam, a phishing link, and voting misinformation fifteen to twenty minutes later.

Tobac seems to have good reason to be worried. The Federal Trade Commission announced earlier this month that approximately $1 billion had been lost to cryptocurrency scams this year. Twitter is one of the places that bad actors like to hang out.

Through social media platforms like Twitter, scammers are able to reach their victims. They lure them in by pushing false freebies or spreading phishing URLs that can steal user data or even empty their bitcoin hot wallet.

Twitter appears eager to allay any concerns of this nature in advance.

“Like any new feature, we’re intentionally testing Edit Tweet with a smaller group to help us incorporate feedback while identifying and resolving potential issues,” said Twitter in a blog. “This includes how people might misuse the feature. You can never be too careful.”

On this point, Tobac appears to concur. The security expert continued in a subsequent tweet by saying, “We don’t need extra disinformation danger before the next election.”

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