Cybercriminals are increasingly making use of advertisements on X, formerly Twitter, to promote websites with malicious codes capable of draining crypto assets from connected wallets, fake airdrops and other scams. These include links to channels on Telegram promoting pump and dump schemes, links to phishing pages. Since X, like most other social media platforms, shows advertisements based on a user’s interest, not all users might be exposed to ads with scam links. However, the number of advertisements with scams has increased so much that users are leaving community notes to warn others that they are scams or wallet drainers, a report from Bleeping Computer said.