Elon Musk’s scammer defrauded $ 62,654 worth of Bitcoin. According to Whale Alert, a transaction worth 1.03 Bitcoin ($ 62,654) was found to deliver cryptocurrency to scammers posing as Tesla CEO and billionaire Dogecoin enthusiast Elon Musk.

Source: Whale alert

Naive users continue to send cryptocurrencies to Elon Musk scammers

Bitcoin was used in give-away fraud. This type of scam occurs when a scammer pretends to be a celebrity, posts a video as an ad on YouTube and asks users to send them cryptocurrency and promises to send them double the amount in return.

Famous crypto figures that scammers love to pretend to include Tesla CEO and the world’s richest billionaire Elon Musk, Ethereum co-founder Vitalik Buterin, Cardano founder Charles Hoskinson.

Perhaps the greatest success achieved by crypto scammers was in July 2020. Back then, Twitter accounts were hijacked by major celebrities, business people, and politicians and used to promote a bitcoin advertising scam. Of course, the victims of the hack cannot be without Elon Musk, Barack Obama, Joe Biden, Kanye West and Kim Kardashian.

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