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WhatsApp Introduces Global Anti-Scam Features to Combat Crypto Scams

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by Giorgi Kostiuk

17 hours ago


WhatsApp, owned by Meta Platforms, has implemented new features aimed at enhancing user safety and combating fraud, especially related to cryptocurrencies.

WhatsApp and OpenAI Against Crypto Scams

WhatsApp has introduced new anti-scam features, focusing on protecting users from fraudulent activities linked to cryptocurrencies. With the rollout of features like the 'Safety Overview,' WhatsApp collaborates with OpenAI to combat deceptive scams targeting users.

Banning Scam Accounts

The new security measures from WhatsApp are aimed at significantly disrupting fraud operations. The platform has already banned over 6.8 million scam-related accounts, aiming to build user trust. Clair Deevy, External Affairs Director at WhatsApp/Meta, stated, 'Our team identified the accounts and disabled them before the criminal organizations could use them.'

Analysis: Long-Term Security Measures

Previously, similar efforts targeted scams involving fake investments and pyramid schemes, focusing primarily on Southeast Asia. Expert analysis suggests that while these security enhancements may not instantly halt all scams, they create a strong front against evolving threats and improve user confidence in security.

The introduction of new features in WhatsApp demonstrates the company's commitment to protecting its users from cryptocurrency-related fraud. Long-term measures against threats might strengthen trust in the cryptocurrency ecosystem.

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