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X Money: Attackers Target User Accounts

X's digital wallet attracts cyber villains – but the platform's legal team promises to 'stop at nothing'.

Attackers are attempting to target X users following the launch of X Money, according to a representative. The company is investigating reports of unsolicited password reset emails, with no evidence of successful breaches found so far. Mridul Singhai, X product engineer, stated that attackers believe XMoney's availability could provide them with an opportunity to gain unauthorized access. However, the company's general counsel, James Burnham, has vowed to 'identify, locate, and hold criminally accountable' anyone attempting to harm users. In the meantime, users are encouraged to enable two-factor authentication to protect their accounts. Grok, X's chatbot, has provided instructions on how to do so, while also confirming that hackers are 'mass-triggering' the password reset form.
Original source:  https://techcrunch.com/2026/09/01/x-says-attackers-are-targeting-accounts-after-the-launch-of-x-money/
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