ZachXBT, an on-chain crypto scam investigator, recently raised alarms over scam accounts using Twitter verification to gain credibility. He stated, “The phishing scam spam from fake verified orgs on Twitter has gotten out of control…Their team needs to reevaluate how these accounts get approved I think.” ZachXBT emphasized that the verification badge, designed initially to make impersonation difficult, has inadvertently given birth to a black market.