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Elon Musk Has "Perfect Reply" to Dogecoin Co-Founder's Crypto Scam Warning

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Wed, 27/10/2021 - 20:07
Elon Musk Has "Perfect Reply" to Dogecoin Co-Founder's Crypto Scam Warning
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Elon Musk has once again called attention to the proliferation of cryptocurrency giveaway scams.

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The centibillionaire jokingly asked Dogecoin co-founder Billy Markus if the latter would send him 1 DOGE coin after receiving 2 DOGE coins from Musk.

Flattered by such attention, Markus said that such a question was “the perfect reply” to his warning about risks associated with crypto.

In a sobering tweet directed at naive members of the crypto community members, the Dogecoin co-founder writes that one’s profits come from other people taking risks since there are “no promises” in crypto.

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Last week, Musk also complained about fraud on crypto Twitter, showing his growing frustration with countless bogus accounts.

In July 2020, the entrepreneur’s Twitter account was temporarily compromised to advertise a Bitcoin giveaway scam during the largest hack in the social media platform’s history.

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