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Crypto Scammers pretends to be Elon Musk, gets away with $175K today

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Crypto Scammers pretends to be Elon Musk, gets away with $175K today

Crypto scammers again lured innocent users on the social networking site, Twitter into their crypto scams to send cryptocurrency. The hacking of a large number of verified accounts on the social networking microblogging site took place today on November 6, 2018. Apparently, they were also used to lure people and users into a crypto exchange and give away scam. All of them pretended to be the renowned personality in the startup space, Elon Musk.

Elon Musk came into the limelight of crypto verse when everyone was assuming that he might be getting involved with some Bitcoin-related business. This was after he had bizarrely tweeted an anime photo along with the caption “Wanna buy some Bitcoin?”.

More about the crypto scamming that took place today

The crypto scammers got access to a large number of verified accounts on Twitter, the popular social networking microblogging site. Moreover, the accounts included those of one of United States’s lawmakers, a book publishers’ account and a filmmaking firm.

Furthermore, all the accounts looked like that of the renowned Elon Musk. Musk is a popular name in the tech industry with companies under his umbrella including Tesla and SpaceX.

Arieh Kovler, a writer based in Israel notified everyone on the network about this popular ongoing crypto scam. Furthermore, he tweeted: “A few minutes ago I saw this promoted tweet (a paid ad) from ‘Elon Musk’ offering a free Bitcoin. All you have to do is send ‘him’ 0.1btc first – approximately 650 dollars.”

Hackers and crypto scammers were pretending to be Elon Musk and running ads from these verified accounts with the blue ticks that helped with the credibility. Moreover, the ad persuaded users to give 0.1 to 0.3 in Bitcoin (BTC) to an address that “belonged” to Elon Musk. Furthermore, the give away would return those users about 1 – 20 Bitcoin (BTC). No matter, how stupid it might have sounded, users actually fell for it.

Disclaimer: Koinalert’s content is only for information purpose in nature and should not be considered as investment advice. Do your own market research before investing in any cryptocurrencies. The author or publication does not hold any responsibility for your personal financial loss.

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Sameer Khan is a content writer at Koinalert. He has not held any value in Bitcoin or other cryptocurrencies.