Post
Topic
Board Bitcoin Discussion
Re: How to Protect Yourself from Fraudulent Bitcoin Giving
by
Gotumoot
on 24/07/2020, 08:42:21 UTC
Deception in the guise of Bitcoin is spreading. The most recent and most extensive case is through hacking of a number of famous celebrity Twitter accounts on Wednesday, July 15, 2020. Hackers offer a Bitcoin giveaway from those accounts. So, what are some ways to protect yourself from this mode of crime?

The perpetrators may launch social-based attacks (social engineering) against Twitter employees. Hackers access Twitter's internal systems and devices, and thus successfully tweet the Bitcoin giveaway.
For example the Kanye West account which was also hacked. The famous US musician is "tweeting" he will duplicate the Bitcoin sent to his Bitcoin address. With common logic, it is unlikely that anyone would give free money in the form of Bitcoin, without any veiled intentions.

No one will give you free money, not even Bill Gates. If it sounds too sweet, then it's certainly not true, especially in cyberspace.
They should only try to know why those so called project are giving up some money and if those so called freebies need to be paid first.
If they are giving out why would you need to pay for it? They just need to use their common sense at all to avoid being scammed by this type of schemes.