Elon Musk-Impersonating Scammers Receive $62,654 in Bitcoin from Another Unaware Victim

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Popular Cryptocurrency Tracker Shows Someone Sent More Than One Bitcoin To Confirmed Elon Musk Crypto Gift Scam

Whale Alert crypto tracking service has tweeted that a transaction worth 1.03 Bitcoin ($62,654) has been detected, carrying crypto to scammers who are impersonating Tesla CEO and crypto supporter Elon Musk.

Naive users keep sending their crypto to scammers

Bitcoin has been sent to a free scam. This type of fraud occurs when scammers pretend to be a famous person, post videos as YouTube ads, and ask users to send them crypto, promising to return twice as much.

Among the famous crypto personalities whose names scammers like to use are the Tesla CEO and the world’s richest man, Elon Musk, co-founder and frontman of Ethereum Vitalik Buterin and Cardano founder Charles Hoskinson.

More than a year since Elon Musk’s page and other A-list Twitter accounts were hacked

Perhaps the biggest success for crypto crooks happened in July 2020. Back then, the Twitter accounts of major celebrities, entrepreneurs and politicians were hijacked and used to advertise a Bitcoin giveaway scam.

Among the victims of the hack were Elon Musk, Barack Obama, Joe Biden, Kanye West and Kim Kardashian.

More than $118,000 worth of Bitcoin was sent by unaware Twitter users to scammers.

As it was later discovered, the hack and scam was carried out by a teenage boy from Florida, Graham Clark. Recently, he was sentenced to three years in prison.

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