Trending Now - X Considers Stricter Guidelines for New Crypto Users

WHO:

NewsBTC - Nikita Bier, Head of Product at X, announced new measures.

NewsBTC - Benjamin White, a UK-based web3 creator, reported being phished.

NewsBTC - X's Global Government Affairs account addressed bribery networks targeting the platform.

WHAT:

NewsBTC - X is implementing a "kill switch" for users discussing cryptocurrency for the first time.

NewsBTC - Accounts mentioning crypto for the first time will be auto-locked and require verification.

NewsBTC - Bier stated that the new measures should eliminate 99% of the incentive for scammers.

NewsBTC - X has taken legal action against users involved in crypto scams, including those attempting to bribe employees for account reinstatement.

Cointelegraph - X is considering locking accounts that mention crypto for the first time after a scam involving a fake tortoise death report.

WHERE:

NewsBTC - The announcements were made on the social media platform X, formerly known as Twitter.

WHEN:

NewsBTC - The announcement regarding the new measures was made on April 1st, 2026.

NewsBTC - Bier's post about the auto-locking feature was made on March 31st, 2026.

NewsBTC - The Global Government Affairs account's statement regarding bribery networks was made on September 19th, 2025.

NewsBTC - The European Union fined X €120 million at the end of 2025.

WHY:

NewsBTC - The new measures are a response to rampant financial scams on the platform and the need to protect users from phishing attacks.

HOW:

NewsBTC - The auto-locking feature will require additional checks for accounts that post about cryptocurrency for the first time.

NewsBTC - X will detect fraudulent memecoin activity and require account ownership verification for high-profile accounts dropping memecoins without prior crypto connections.

(UPDATED April 3, 2026 17:13 UTC)

X has announced new measures to combat rampant financial scams on the platform, including a "kill switch" for users discussing cryptocurrency for the first time, which will auto-lock accounts and require verification. Nikita Bier, Head of Product at X, stated that these changes aim to eliminate 99% of the incentive for scammers, while the platform has also taken legal action against users involved in crypto scams. Additionally, Benjamin White, a UK-based web3 creator, reported being phished, highlighting the ongoing challenges X faces in protecting its users from phishing attacks.