Startups & Technology

X Investigates Password Reset Wave Following X Money Rollout

X Investigates Password Reset Wave Following X Money Rollout

Product engineer Mridul Singhai confirmed the company is investigating the complaints, noting that attackers appear to be exploiting the heightened interest surrounding the debut of X Money. The payment service, designed to facilitate transactions for creators, has inadvertently drawn the attention of bad actors looking to capitalize on the platform's expanding digital economy.

General counsel James Burnham promised a severe response, stating that the company's legal and security teams intend to identify and prosecute anyone attempting to victimize users. Despite these assurances, the platform has yet to provide a formal update through its official channels. In the interim, the AI chatbot Grok has been directing users to enable two-factor authentication, confirming that malicious actors are mass-triggering reset requests using public usernames while failing to gain unauthorized access to the accounts themselves.

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