Connect with us

Crypto

Fake Elon Musk crypto giveaway scams flood TikTok

Published

on

Bad actors are now turning to the video-sharing platform to scam people by pretending to be crypto giveaways from celebrities.

TikTok is being flooded with fake posts pretending to be crypto giveaways from Elon Musk hourly, BleepingComputer first revealed. According to the report, malicious videos contain a deep fake interview with Elon Musk for Fox News, promoting a fake crypto giveaway.

The report notes the majority of scam videos use similar website domains such as bitoxies[.]com, moonexio[.]com, altgetxio[.]com, cratopex[.]com. Despite the various domains, most of them utilize the same scam template, pretending to be an investment platform, BleepingComputer says.

Fake Elon Musk crypto giveaway scams flood TikTok - 1
Elon Musk and crypto giveaway scams on TikTok | Source: BleepingComputer

To participate in the giveaway, scammers are luring users to register on the website and enter a promo code shared on TikTok. The website pretends to deposit Bitcoin (BTC) into the user’s wallet by entering the code.

Source

Join our Telegram Channel https://t.me/elevenews