No, Andreessen Horowitz didn’t post that crypto scam tweet

No, Andreessen Horowitz didn’t post that crypto scam tweet

On Wednesday, X users were thrown into a brief state of alarm when a suspicious crypto 'airdrop' tweet appeared on the verified account of Andreessen Horowitz. The post claimed that $5 million had already been distributed, catching the attention of the account's 851,000 followers. Fortunately, a vigilant member of the a16z crypto team spotted the fraudulent tweet and swiftly issued a warning, advising users not to engage. Within moments, X took action and removed the misleading post. Airdrops are often employed by cryptocurrency projects as promotional tools, but this incident was anything but legitimate. In a follow-up statement to TechCrunch, Andreessen Horowitz confirmed that their account had been compromised. They stated, "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. We apologize for any confusion caused by the clowns who temporarily took over our account." As a prominent player in the crypto investment space, Andreessen Horowitz has been at the forefront of numerous ventures. The incident spurred a flurry of jokes and cautionary messages on social media, with many pointing out that such offers are typically too good to be true. In the world of cryptocurrency, users are reminded to always be skeptical of enticing giveaways, especially those that sound unrealistic.

Sources : TechCrunch

Published On : Jun 19, 2025, 24:00

AI
xAI Restructures Engineering Team as It Prepares for SpaceX IPO

As Elon Musk's xAI deepens its integration with SpaceX in anticipation of a significant IPO, the artificial intelligence...

Business Insider | Apr 08, 2026, 23:10
xAI Restructures Engineering Team as It Prepares for SpaceX IPO
Automotive
Autonomous Vehicle Controversy Erupts After Duck Incident in Austin Neighborhood

A tragic incident involving a duck in Austin, Texas, has ignited significant concern among residents regarding the prese...

TechCrunch | Apr 08, 2026, 20:35
Autonomous Vehicle Controversy Erupts After Duck Incident in Austin Neighborhood
AI
OpenAI to Open IPO Doors for Everyday Investors Amid Strong Demand

OpenAI is gearing up for a highly anticipated initial public offering (IPO), with plans to allocate a portion of its sha...

CNBC | Apr 08, 2026, 21:20
OpenAI to Open IPO Doors for Everyday Investors Amid Strong Demand
Science
Concerns Emerge Over Federal Health Data Collection Initiative

The recent decision by the Trump administration to mandate health insurance companies to surrender sensitive medical dat...

Ars Technica | Apr 08, 2026, 22:05
Concerns Emerge Over Federal Health Data Collection Initiative
Automotive
Neighborhood Outcry After Autonomous Vehicle Strikes Duck in Texas

In a startling incident in Austin, Texas, a self-driving car struck and killed a mother duck, igniting a wave of concern...

TechCrunch | Apr 08, 2026, 21:50
Neighborhood Outcry After Autonomous Vehicle Strikes Duck in Texas
View All News