Elon Musk Bitcoin Giveaway Scam Rakes in Millions of Dollars in BTC
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Elon Musk Bitcoin Giveaway Scam Rakes in Millions of Dollars in BTC

THELOGICALINDIAN - Elon Musk bitcoin giveaways abide to betray bodies on Youtube Scammers accept reportedly pulled in millions of dollars in bitcoin from bodies absent to bifold their cryptocurrency Some of them use bitcoin addresses absolute the name Elon Musk Spacex or Tesla Before sending money to a bitcoin abode analysis if it has been appear as an abode acclimated by scammers

Elon Musk Bitcoin Giveaway Scam

The cardinal of bitcoin scams application the name Elon Musk, Spacex, or Tesla has been growing. Videos announcement a betray claiming that Elon Musk is giving abroad 5,000 BTC or 10,000 BTC accept been actualization consistently on Youtube. News.Bitcoin.com afresh reported on this scam which asks bodies to accelerate them bitcoin, able to acknowledgment alert as abundant BTC beatific immediately. The betray pulled bodies in with an account with Elon Musk and the contempo Spacex launch.

The CEO of cyber-security close Adaptiv, Justin Lister, has been tracking bitcoin beatific to vanity addresses absolute names such as Elon Musk, Telsa, or Spacex to advance BTC betrayal scams over the accomplished month, Zdnet appear on Friday. Examples of such addresses are “1Musk…” or “1Elonmusk…”

He tracked bottomward 66 addresses that accept been appear to Bitcoinabuse.com, a accessible database of bitcoin addresses acclimated by hackers and criminals. Using his analysis and abstracts from the Bitcoin Abuse website, the account aperture begin that a absolute of 214 BTC accept been beatific to the Elon Musk vanity addresses, which is added than $2 actor at the accepted barter rate. Since scammers do not aloof use vanity addresses, such as the one apparent in the angel above, the absolute bulk they accept raked in from this blazon of betray could be decidedly added than $2 million.

Elon Musk is not the alone celebrity actuality acclimated to advance affected bitcoin giveaways. Others that accept been acclimated to advance BTC scams accommodate Amazon CEO Jeff Bezos, Microsoft architect Bill Gates, above Google CEO Eric Schmidt, Apple cofounder Steve Wozniak, Coinbase CEO Brian Armstrong, Epic Games CEO Tim Sweeney, FUBU CEO Daymond John, and Rich Dad Poor Dad columnist Robert Kiyosaki.

It is about childish to accelerate bitcoin to anyone claiming to bifold your BTC. If you appear beyond a bitcoin betray address, you can abode it to Bitcoinabuse.com. The armpit additionally lets you analysis whether a accurate abode has been appear as an abode acclimated by scammers, analysis abode history, and adviser baseborn bitcoin.

At the time of this writing, the Bitcoin Abuse website shows that there accept been 115 letters in the aftermost day, 680 letters in the aftermost week, and 4,636 letters in the aftermost month.

There is additionally a new website alleged Scam Alert, launched on Friday by accepted blockchain adviser Whale Alert. You can use the armpit analysis if a assertive bitcoin abode has been appear as a betray address. The Betray Alert website explains: “Our ambition is to accomplish blockchain safer for anybody by tracking and advertisement abyss who corruption blockchain for actionable activities.”

What do you anticipate about Elon Musk bitcoin betrayal scams authoritative millions? Let us apperceive in the comments area below.

Image Credits: Shutterstock, Pixabay, Wiki Commons, Youtube, Bitcoinabuse.com