Twitter is Running Rampant with Cryptocurrency Scammers, but What Should Be Done?

Twitter has grown as a social network for scammers that want to steal funds from users. There are different methods that can be implemented. Nevertheless, there is a way that has even affected the most important individuals all over the world, including Elon Musk.

A fake twitter account related to Elon Musk says that it is giving away around 10,000 Bitcoin to all the crypto community. It is important to take into account that these recognized individuals do not carry out such campaigns on social media. At least this is not usual.

In the tweet circulating on the internet, it is possible to see the account @DT_B2BEurope and its name, Elon Musk, informed that Mr Musk left eh post director of the Tesla project. The tweet read as follows:

“I’m giving 10,000 BTC (Bitcoin) to all community! I left the post director of Tesla, thank you all for your support! I decided to make the biggest crypto-giveaway in the world.”

In another Tweet, these fake Elon Musk said that each person could be participating only once from this promotion. Users send a specific amount of BTC and they would be receiving two times more Bitcoins.

Some fake accounts have also been participating. The main intention is to steal funds from users at all times. Twitter has always been a dangerous place for crypto investors that do not know how the crypto space works.

In the past, fake Twitter accounts started to imitate important figures in the political and crypto arena. The main intention was to steal as many funds as possible from innocent victims. Companies and individuals do not giveaway Bitcoin or other virtual currencies in this way, this is why is important to be always careful about how people manage their funds.

Just a few days ago, Stellar (XLM) started the largest giveaway in the cryptocurrency world in order to encourage mass adoption. Nevertheless, it is different to the tactic employed by fake accounts and scamers.

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