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Board Beginners & Help
Merits 1 from 1 user
Topic OP
All beginners - Be careful of this new Scam method
by
bigdude71
on 03/03/2018, 13:02:05 UTC
⭐ Merited by OgNasty (1)
Hi Everybody,

There is a new scam method that is getting too popular and many people got fooled so far.

The general idea is this:

1. The scammer opens a fake profile (on Twitter, Facebook etc') of a known celeb like Elon Musk or Ethereum's founder Vitalik Buterin.
2. Then they post an offer that is too good to be true. Something like: "Send me 0.5 ETH and I will send you 5 ETH in return".
3. Some people get fooled and send their coins while the scammer enjoys the anonymity of the blockchain and the fact that the transactions are irreversible.

See how this works here:

http://www.ibtimes.com/ethereum-scam-fake-elon-musk-twitter-account-giving-away-5000-eth-2656327

https://icowatchlist.com/blog/vitalik-buterin-impersonator-scams-20000-twitter-users/

Lets stop this! Share with your friends and spread the word.

These fraudsters are making a bad name for Crypto and if less people will get scammed this will eventually stop.

Also - if you have ideas on how this can be stopped - share them below.

Cheers