According to the Global Government Affairs team’s report, the alleged perpetrators also exploit social media platforms, including Instagram, TikTok, YouTube, Minecraft, and Roblox. The X team claimed that some of the implicated crypto scammers are linked to wider criminal organizations such as “The Com.”
For context, The Com—also known as The Community—is an international online network made of multiple cybercriminal networks operating in various countries across the world. This online crime syndicate has been implicated in various cases of crypto theft, violence incitement, and data breaches.
The FBI statement read:
The FBI estimates thousands of individuals identify as current or recent members of The Com with varying levels of associated activity. The motivations behind the criminal activity vary, but often fall within one of the following: financial gain, retaliation, ideology, sexual gratification, and notoriety.
Furthermore, X’s Global Government Affairs team disclosed that it will fully support law enforcement regarding this case, and legal actions are being taken against the perpetrators of this bribery attempt. “Our commitment to ensuring our platform’s integrity is absolute,” the social media company’s statement read.
The security report revealed that this figure represents a 15% increase from the $142 million lost in July 2025. PeckShield shared that the $163 million lost came from around 16 major crypto exploits, with BtcTurk’s $50 million hack the significant incident.
