Sunday, November 19, 2023
HomeSocial MediaSpaceX Crypto Scams That includes Elon Musk’s Face Nonetheless Frequent On Twitter

SpaceX Crypto Scams That includes Elon Musk’s Face Nonetheless Frequent On Twitter


I started to see a big improve within the variety of scammers who had been attempting to make use of photographs of Elon Musk to try to promote cryptocurrency. In January, February and even March I had written about this downside. But Twitter continues to be awash with scams. So let’s check out the one I noticed yesterday.

The crypto advert was bought by a so-called “verified” person on Twitter by an account known as Mr. Chips. Twitter has stopped verifying the identification of its customers. Musk determined to cost $8 monthly for the blue test mark, which suggests anybody with just a few {dollars} can purchase “verification.”

The Twitter person’s bio features a jumble of phrases with out areas, which can point out it was created in an automatic style: “Son,husband,father,grandfather – I study one thing new every day!”

The Twitter advert includes a picture of Musk together with his arms folded and the phrases “SpaceX Token Presale is Dwell.” Clicking on the advert brings the person to a touchdown web page that’s made to appear like a information outlet or weblog. The area itself is hosted on telegra.ph to present it the looks of a information web site comparable to The Telegraph in Britain. The.ph area belongs to the Philippines.

The textual content of the touchdown web page claims Elon Musk has introduced the launch of a brand new cryptocurrency token related to SpaceX, one thing that merely isn’t true.

“Breaking information for all crypto buyers world wide! The visionary CEO of Tesla and SpaceX, Elon Musk, has simply introduced the launch of the official SpaceX Token, and the Pre-Sale is now open for a restricted time solely,” the web site reads.

The web site explains that individuals can buy the crypto for “$1.70 per token,” which it suggests is a few form of deal.

“‍Investing within the SpaceX Token not solely gives the prospect to form the way forward for house exploration and blockchain know-how, but additionally the chance to win unbelievable prizes, together with an opportunity to go to Mars. Fortunate token holders could have the prospect to win prizes from Tesla, the Boring Firm, and Neuralink, in addition to an unique journey to the Pink Planet,” the faux information outlet web page reads.

If that each one sounds too good to be true, that’s as a result of it’s. There’s additionally a hyperlink on the touchdown web page to direct customers to an space the place they’ll buy the rip-off crypto. The web site at spacexcrypto.com is arguably extra polished than the faux Telegraph.

Why do we want a landingpage in any respect? Why doesn’t the Twitter advert merely direct to the faux SpaceX web page? It might be associated to the best way Twitter filters advertisements. Twitter might blacklist advertisements linking to websites like spacexcrypto.com the place the rip-off is at present positioned. However by directing the person first to a web site like telegra.ph, or another variety of news-themed touchdown pages arrange by the scammers, it’s tougher to dam the scammers.

As I discussed, I’ve seen a variety of these rip-off advertisements this yr. It’s not clear how a lot cash Twitter could also be making off these scams. Twitter has not responded to the questions that had been emailed Sunday. I’ll replace this text if I hear again.

No matter you do, don’t attempt to purchase SpaceX crypto. It’s a rip-off. And given how widespread the advertisements are on Twitter, it’s a rip-off that not less than some folks should be falling for.



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