For some tense minutes on Wednesday, X customers have been stunned to see a type of crypto “airdrop” posts on Andreessen Horowitz’s blue check-marked account. A second tweet stated that $5 million had already been given away.
That account has 851,000 followers. A member of a16z’s crypto staff noticed the tweet and instantly posted a warning to not have interaction. X rapidly took down the publish. Airdrops are often used as methods for cryptocurrencies to advertise themselves.
a16z tells TechCrunch, and posted on the account: “Earlier today, our X account was briefly compromised. During that time, the account promoted a token and other fake content — none of which originated from a16z. Apologies for any confusion caused by the clowns who temporarily took over our account.”
Andreessen Horowitz is well-known for its crypto investments. As a result of it is a crypto-loving agency, jokes and warning tweets flew: The hyperlink would probably 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:
