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Tron [TRX] CEO Justin Sun’s most recent followers on Twitter may all be fake, claims report

Akash Anand

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Tron [TRX] CEO Justin Sun's most recent followers on Twitter may all be fake, claims report
Source: Pixabay

The online presence of cryptocurrency personalities has been an important aspect of pushing their cryptocurrencies towards mass adoption. Justin Sun, the Chief Executive Officer [CEO] and founder of the Tron Foundation, recently claimed that he had hit a million followers on Twitter, more than anyone else in the cryptosphere but more specifically Vitalik Buterin, co-founder of Ethereum.

The Tron founder had tweeted:

“First one in Crypto world to break through 1 million in Twitter! #TRON #TRX $TRX #BitTorrent #BTT $BTT”

This sense of achievement was quashed when a researcher found out that most of Sun’s latest followers are fake or are bots. Geoff Goldberg speculated that approximately 20,000 of the CEO’s recent 50,000 followers were fake because of the way they were created as well as the nomenclature of the user names. Most of the Twitter handles included a generic name which was followed by a string of numbers, and that pattern was reflected among the majority of the new followers.

Further investigation on Sparktoro, a Twitter follower audit website, revealed that 91% of the sample accounts had no URL or non-resoling URL in their profile. Another metric stated that 96% of the follower list were accounts that “are on an unusually small number of lists”. The legitimacy of the recent followers took another hit as the statistics showed that 68% of the sample space had a “suspiciously small number of followers”.

Many fans of the cryptoverse shared their own opinions on the news with TaraXRP, an XRP aficionado, tweeting:

“It happens a lot I think. I was trying to follow women of XRP from a publication that featured a couple dozen prominent members. I was surprised to stumble upon heavy similarities including the majority having the same profile background picture, recent tweets, and bio language.”

The presence of fake followers and bots on Twitter has been an issue that has been raised by many luminaries in the space, which included Vitalik Buterin, Elon Musk and the founder of Twitter, Jack Dorsey as well.





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GateHub: Stolen XRP funds transferred to prominent exchanges

Namrata Shukla

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GateHub stolen XRP funds moved to Bitfinex and OKEx
Source: Pixabay

The GateHub hack that took place earlier this month resulted in the exchange losing nearly 23 million XRP worth approximately $9 million. However, Whale Alert, a tracker of large crypto transactions, alerted the community of these stolen funds being moved to various different exchanges.

One of these exchanges was identified to be Bitfinex, which received 400,025 XRP on June 16 at 10:57:22 UTC. The sender’s address was r4hyDYXv7iV3oCahxQzqYYfgxwyBx3AyMN and was identified to be from the GateHub hack 2019. The receiver’s address was identified to be Bitfinex’s- r9o9MerrS7d2GAEs6JPj4v4JcvZAJNtLUY. The hash rate of the transaction was 21124F7818A2903E9750456D603CC9AACC9DBE6CE2EF0AA191C734339B4CA682 and the transaction details were as follows:

Source: Whale Alert

Source: Whale Alert

Another transaction was noted to take place to the Bitfinex wallet address where 100,000 XRP was transferred from another identified GateHub hack address. The identified Bitfinex’s wallet address was rDcz7P9YMpffLKhRBovTzhUr3wKtk3y9q7. This wallet address was quick to transfer the funds immediately to another exchange, OKEx. OKEx previously received 3,000 XRP from the stolen funds to an identified OKEx address- rUzWJkXyEtT8ekSSxkBYPqCvHpngcy6Fks. The hash rate of the transaction was noted to be BE97F68A20E996A2E1A37228DCBD45A1F26E8E2B3A842E9FCFFF7721157C1C37 and following were the transaction details:

Source: Whale Alert

Source: Whale Alert

The stolen funds were moved to another prominent exchange, Binance, and CZ was swift to inform Whale Alert that he would look into it. However, the crypto users did not find any relief about these funds going to other exchanges as the exchanges did not respond to the large transactions.





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