For some tense minutes on Wednesday, X customers have been stunned to see a kind of crypto “airdrop” posts on Andreessen Horowitz’s blue check-marked account. A second tweet mentioned that $5 million had already been given away.
That account has 851,000 followers. A member of a16z’s crypto group noticed the tweet and instantly posted a warning to not have interaction. X shortly took down the publish. Airdrops are often used as methods for cryptocurrencies to advertise themselves.
a16z tells TechCrunch, and posted on the account: “Earlier in the present day, our X account was briefly compromised. Throughout that point, the account promoted a token and different pretend content material — none of which originated from a16z. Apologies for any confusion brought on by the clowns who quickly took over our account.”
a16z is well-known for its crypto investments. As a result of this can be a crypto-loving agency, jokes and warning tweets flew: The hyperlink would doubtless drain a crypto pockets, not add to it. So, if it sounds too good to be true — like a VC gifting away helpful property — it isn’t true.
Right here’s what the rip-off tweets appeared like:
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