Scammers are using fake giveaways to cash in on interest in cryptocurrencies
The new hack targets people interested in crypto by faking celebrity giveaways.
Among these celebrities is Telsa CEO Elon Musk.
The U.S. Federal Trade Commission has reported a jump in complaints about cryptocurrency fraud.
In one type of scam, the hackers told targets that if they give a certain amount of cryptocurrency to a “celebrity” they will get more back.
According to the FTC, one victim sent $2 million dollars to a fake Elon Musk impersonator.
The real Elon Musk has been a supporter of cryptocurrencies but recently knocked dogecoin by calling it “a hustle” on national television.
He has also recently announced that Tesla will no longer accept bitcoin payments. This is due to potential enviornmental concerns.
