Advertisement
AD

Main navigation

Advertisement

Elon Musk Gets Embroiled in Crypto Scam That Offers Tesla Model S

Advertisement
Tue, 29/10/2019 - 6:59
A
A
A
Elon Musk Gets Embroiled in Crypto Scam That Offers Tesla Model S
Cover image via www.123rf.com
Read U.TODAY on
Google News

British newspaper Daily Express reports that Tesla and SpaceX boss Elon Musk has been involved in a slew of crypto scams that are still prevalent on Twitter despite all the efforts to crack down on them.  

Scammers impersonate Musk in order to cajole gullible victims into sending their Bitcoin and Ethereum holdings. 

Related

Advertisement

A new scheme offers anyone a brand-new Tesla Model S if they send 1 BTC or 10 ETH. They claim that the company's marketing department came up with such an idea for crypto fans to thank them for their support. 

“If you send in 1 BTC or 10 ETH, you will get the Grand Prize: a brand new Tesla Model S Performance with Midnight Silver Metallic, Solid Black and Red Multi-Coat exterior, delivery included.”

At first blush, this scam seems very obvious, but the article states that many unsuspecting Twitter users fall prey to such fake accounts. 

Advertisement

The bad actors would even flirt with the crypto crowd by recognizing cryptocurrencies as "the best asset" and praising its "transparency."

Related

Back in 2018, Musk was attacked by the army of Ethereum scam bots on Twitter, which even prompted the social media giant to ban the creation of any accounts with his name (the rule is no longer in effect). The famous entrepreneur himself acknowledged Ethereum by saying that he wanted it whether it was a scam or not.         

Of course, Elon Musk is not the only victim of crypto fraudsters. As reported by U.Today, former "Top Gear" superstar Jeremy Clarkson was targeted by the infamous scam called "Bitcoin Revolution" that makes up bogus articles with celebrities and spreads them on social media like wildfire.

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

A
A
A

Related articles

Advertisement
TopCryptoNewsinYourMailboxSubscribe
TopCryptoNewsinYourMailboxSubscribe
Advertisement
Advertisement
Subscribe to daily newsletter

Recommended articles

Latest Press Releases

Our social media
There's a lot to see there, too

Popular articles

Advertisement
AD