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Scam Alert: Elon Musk Crypto Sham Promoted by Compromised Account of Utah Representative

Wed, 09/28/2022 - 15:59
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Alex Dovbnya
Cryptocurrency scammers have taken over account of Utah State Representative Mike Winder in order to promote sham with Elon Musk
Scam Alert: Elon Musk Crypto Sham Promoted by Compromised Account of Utah Representative
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Utah State Representative Mike Winder has had his account compromised in order to promote a cryptocurrency scam.

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Image by twitter.com

The account's name has been changed to that of Tesla CEO Elon Musk, with fraudsters promoting "the best crypto event." To be precise, the scammers misspelled the centibillionaire's name as "Msuk" in an apparent attempt to avoid detection by the social media's anti-bot mechanisms.

Scammers have been spamming identical messages in the replies of various popular cryptocurrency accounts, including famous digital artist Mike Winkelmann (better known as Beeple) and the Binance exchange.

Musk's criticism of Twitter's alleged inability to deal with an influx of spam is at the crux of the ongoing legal battle between Musk and the social media giant. The Tesla boss decided to back out of the controversial acquisition deal, accusing the company of hiding the real number of bots.

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The last tweet posted by Winder about "gorgeous autumn" in Millcreek, Utah, was published on Sept. 23. Over the last few hours, the compromised account of the Republican politician has been churning out tweets about the controversial event. Notably, its tweet uses some characters from other languages, which makes them instantly suspicious.

Scammers are typically hunting for verified accounts in order to seize control over them and promote their shams with a certain veneer of legitimacy.

As reported by U.Today, scammers recently started impersonating Cardano founder Charles Hoskinson with the hacked account of "How I Met Your Mother" star Will Sasso.

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About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets, can be contacted at alex.dovbnya@u.today.