Twitter crypto scammers continue to fly under the company’s radar

In the last two years, the cryptocurrency scam on social networks has been frequent. In January 2019, it was reported that phishing scams on Twitter raised millions in cryptocurrencies from people claiming to be known blockchain personalities. Now you can see a new form of deception on the platform, as scammers are using retouched images of technology personalities and companies like Coinbase to promote another crypto game with game.

There is a new crypto scam on Twitter

There is a new scam on crypto Twitter where scammers share screenshots of well-known cryptocurrencies and technological luminaries that promote supposed BTC gifts. Typically, these scammers will use a very popular post with hundreds or thousands of likes and write the phrase “Great news.” Below the user text is a retouched image of a Coinbase ad that says it is offering a BTC gift. Tweets are a blatant scam to convince a person that they can “double” their coins. For example, on August 12, Morgan Creek co-founder Anthony “Pomp” Pompliano tweeted his usual weekly letter of investors where people can register and receive regular emails from Pomp. Just below the Pomp tweet is a Twitter account called “Adam BTC / HODL” that says: “Thank you Coinbase I just received 190680 BTC: anyone can join, not much left.” Below that statement is a retouched photo of a fake Coinbase account informing the following:

“To celebrate 50 million users, we decided to organize a 5,000 BTC gift event: you can use any wallet or exchange to participate. Visit our promotion site: if you are late, your BTC will be sent, thanks for your support, Coinbase team. ”

Pretending to be important influencers of cryptography and technology and a fake block explorer

While investigating the first fraudulent website linked to these scams, visitors can see a Coinbase logo and a message addressed to new guests. The site says that if a person sends 0.1 to 10 BTC to the address, they will receive a huge 1-100 BTC in return. Below is a BTC address to which the person can send funds, which has also changed regularly since news.Bitcoin.com started this investigation.

The current address shown on the scam raffle site today has zero BTC and there have never been any transactions linked to the address. But website visitors look different, since a fictitious block explorer is shown on the website in order to reinforce the claim that people are really doubling their money. Seeing the fake browser shows that someone just deposited 8 BTC and received 88 BTC returned to the original address, but in a real block explorer, these transactions do not exist.

Elon Musk, the founder of Tesla, is also the target in the fraudulent act of Twitter, as images with photoshop show another BTC duplication scam. The scam is done in the same way as the Coinbase example. A random Twitter account shares a fake image and under another fake account someone says they just received a pair of BTC. The website in the photo also leads to a fake Tesla page that is almost exactly the same as the Coinbase version, but is red with a Tesla logo. Like the last one, there is another deceptive block explorer that shows fictitious BTC transactions. There is also a progress bar that shows the amount of BTC left in the so-called duplication boat and the longer you stay on the website, it will appear that a large amount of BTC is being lost.

Twitter scammers continue to make millions of dollars with Crypto Newbs

It is not clear if Twitter is aware of the latest scam that revolves around the crypto space of Twitter. Last year, researchers discovered empirical data that confirmed that 15,000 cryptocurrency scam accounts were scattered throughout the Twittersphere. In February, imitators of members of the cryptocurrency community of social networks earned $ 5,000 per day on ethereum with Twitter. A particular person sent $ 18,000 to a fake Erik Voorhees account. In March 2018, the well-known crypto influencer Emin Gun Sirer told Twitter owner Jack Dorsey that the scams were getting out of hand, adding that if “he can’t detect this kind of cheeky scam, what hope does he have to improve his platform? “Dorsey responded to Sirer’s post that day and said,” We’re on it”.

But the scam tweets have continued relentlessly and people still complain every day on Twitter about this obvious scam. “People don’t tweet that they are giving away free money. It’s a complete scam. The old saying is true ‘if it seems too good to be true, it probably is.’ There is a Bill Pulte investor in the cryptocurrency space that promises to give away money: Twitter needs to investigate, “one person wrote on Monday. Another person tweeted: “This person has been creating accounts on all of Twitter, trying to scam people out of cryptography. Accounts continue to appear in response to tweets from prominent people in the community. It’s a scam. “From the look of some of Twitter’s most popular posts today, it seems that the company has not yet received the message.

Reference: news.bitcoin.com

Disclaimer: This press release is for informational purposes information does not constitute investment advice or an offer to invest. The views expressed in this article are those of the author and do not necessarily represent the views of infocoin, and should not be attributed to, Infocoin.

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