WeChat tightens crackdown on crypto-impersonation scam accounts
- —WeChat will block group chats and account features over crypto scams
- —Scammers promise high returns and use terms like blockchain and stablecoin
- —Users are lured via links and apps to steal accounts and passwords
- —The move extends last year's campaign against crypto scams on WeChat
Why it matters: China's largest messenger is tightening moderation of crypto content, cutting scam channels while increasing pressure on legitimate crypto communities.
Source: TokenPost