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Facebook Files Lawsuit against Two Nigerian Facebook Scammers

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Two Nigerians, Arafat Eniola Arowokoko and Afeez Opeyemi Arowokoko have been sued by the parent company of Facebook and Instagram, Meta for allegedly engaging in financial crimes on the social media platforms.

Meta and its Financial service provider, Chime Financial, this week filed a joint lawsuit at the U.S District Court for the Northern District of California, after accusing both Nigerians of luring Facebook and Instagram users to phishing websites. This, they did in attempts to extract credentials and funds from victims’ financial accounts, Meta said.

According to the social media giant, between March 2020 and October 2021, both suspects allegedly were involved in using a network of not less than 800 fake Instagram and five Facebook accounts to scam countless people.

Due to the size of the network they controlled, Eniola and Opeyemi, based in Nigeria, were able to scam Facebook and Instagram users, evade authorities and continue their nefarious activities unhindered for nineteen months.

After their crimes were brought to Meta’s notice (formerly called Facebook), the company took several enforcement actions against the two individuals in June 2021. Meta said it disabled accounts used by them on Facebook and Instagram, blocked the phishing domains on its platforms and also sent both individuals, cease and desist letters.

The financial technology company, Chime Financial also claimed that both Eniola and Afeez Arowokoko compromised their company’s integrity by impersonating them and other service providers.

Meta and Chime Financial in the first joint lawsuits alleged that both defendants violated the social media platform’s Terms and Policies. The Arowokokos also committed brand infringement, they said. The companies also claimed they lost millions of dollars in statutory damages. In the lawsuits, both US firms seek to permanently ban the defendants from Facebook and Instagram.

Noting how impersonation scams are difficult for the social media company, Meta Director of Platform Enforcement and Litigation, Jessica Romero said the lawsuit “represents a major step forward in cross-industry collaboration against this abuse.”

Online impersonation is prohibited across Meta technologies, and we’ll continue to take action to protect the people who use our technologies. Cross-industry collaboration is critical to disrupting this abuse and to Meta’s broader efforts to combat online impersonation,” Meta added.

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Elon Musk Envisions X as the Future of Your Financial Life

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Tech visionary Elon Musk unveiled his vision for X, aiming to transform it into the epicenter of people’s financial worlds by the end of 2024.

Musk’s plan transcends mere payment solutions, targeting nothing short of the complete financial ecosystem, including money and securities. “You won’t need a bank account,” he affirmed.

X, led by CEO Linda Yaccarino, sees this as an ambitious opportunity that could reshape the financial landscape as we know it.

Musk expressed his unwavering commitment to the cause, stating, “It would blow my mind if we don’t have that rolled out by the end of next year.”

This ambition traces back to Musk’s dot-com-era online bank, X.com, which later evolved into PayPal. Musk aims to take a page from his earlier playbook, hoping to outshine PayPal with a more comprehensive approach.

The platform’s offerings are set to include high-yield money market accounts, debit cards, checks, and loan services. Musk’s endgame? An ecosystem that empowers users to send money worldwide instantly and in real-time.

However, this transformation is not without its challenges. Elon Musk must convince users of the necessity of such an all-encompassing platform while gaining their trust with their financial lives.

The vision of X as an “everything app” resonates with the rise of super apps like WeChat in China, which provide users with access to a myriad of services, from shopping to transportation.

As X positions itself to revolutionize the financial industry, Musk’s audacious endeavor promises to change the way we handle money, potentially eliminating the need for traditional banking as we know it.

The world watches with bated breath to see if Musk’s bold vision will become a reality.

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WhatsApp Introduces Dual Account Feature, Enabling Users to Sign Into Two Accounts

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WhatsApp has introduced a groundbreaking innovation that promises to redefine the user experience.

This new feature allows individuals to simultaneously manage two WhatsApp accounts on a single device, eliminating the need for dual phones.

The eagerly anticipated announcement was made by Mark Zuckerberg, Facebook’s CEO, who assured Android users that this feature will soon grace their screens.

Gone are the days of juggling multiple WhatsApp accounts, a task that often required carrying two separate devices. While tech giants like Xiaomi and Oppo had previously introduced app cloning features for multiple WhatsApp instances, WhatsApp’s integrated approach sets a new standard for seamlessness.

This innovation is poised to be a game-changer for users who navigate both personal and professional realms on this ubiquitous messaging platform.

Cumbersome login-and-logout routines and the perpetual concern of messaging from the wrong account will soon be a thing of the past, replaced by a newfound ease of multitasking.

Activating this feature is a straightforward process. Users need only navigate to the ‘Settings’ menu and select ‘Add Account.’ During setup, a second phone with a SIM card or a device supporting eSIM technology is required to unlock the full potential of multi-SIM functionality.

WhatsApp ensures that each account can have its own customized notification and privacy settings, preserving data integrity and personalization.

In addition to the dual account feature, WhatsApp recently introduced passkey support for Android, enhancing security by providing an alternative to SMS-based two-factor authentication.

This latest advancement underscores WhatsApp’s dedication to user convenience, connectivity, and digital identity security, setting the stage for a more organized and efficient way of communication.

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X Takes on Bots: New Zealand and Philippines Users Pay $1 Subscription

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X, formerly known as Twitter, has embarked on a bold initiative to combat the growing menace of bots and spammers on its platform.

The company, now owned by Elon Musk, recently rolled out a new subscription plan in New Zealand and the Philippines, requiring new users to pay a mere US$1 per year for access to essential functions like tweeting, replying, retweeting, and liking.

The move, dubbed ‘Not A Bot,’ is designed to fortify X’s ongoing efforts to curb spam, manipulation, and bot activity. New users in these countries must first verify their phone numbers and then pay the nominal fee to post, like, reply, repost, quote posts, and bookmark.

Those who opt out of subscribing will be restricted to “read-only” actions, such as reading posts, watching videos, and following accounts.

Elon Musk, who has been at the helm of X, explained the rationale behind this strategy. Bots, he noted, are inexpensive to set up, costing only a fraction of a penny.

By imposing a nominal fee, X aims to deter bot operators and make it more challenging for them to create multiple accounts.

This move is a part of Musk’s broader vision for transforming X into an all-encompassing app, including payment services.

Musk has been exploring alternative revenue sources as ad revenue declined by 60% due to advertiser boycotts and concerns over content management.

As the ‘Not A Bot’ program unfolds, it holds the potential to revolutionize the fight against bots and spammers, making social media a safer and more authentic space for users. X is eager to assess the program’s effectiveness and may consider expanding it to all users in the future.

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