The complaint from Twitter users began with an alleged giveaway by Michael Saylor. After the uncertainty generated by the alleged message from the CEO of MicroStrategy, a message appeared with the image of the owner of Twitter, Elon Musk.
Investments in cryptocurrencies have earned a reputation as a mechanism to accumulate fortunes, but scammers also want money; for that purpose, they have designed a scheme through social networks to attract victims interested in this type of investment.
There are many fraudulent posts on social media outlets promising bitcoin giveaways. Some of these scams also include fake celebrity accounts promoting the giveaway to lure people in.
During the afternoon/evening of Saturday, November 5, fans of the National Football League of the United States reported alleged scams from the official Twitter account of the NFL. This type of scam is known as social media cryptocurrency giveaway scams.
The complaint from Twitter users began with an alleged giveaway by Michael Saylor via Twitter that read, “Biggest giveaway. Crypto of $100,000,000.”
After the uncertainty generated by the alleged message from the CEO of MicroStrategy, a message appeared with the image of the owner of Twitter, Elon Musk. In the midst of this scenario, the crypto community sounded the alarm.
The NFL, one of the most popular sports in North America and Latin America in general, is currently in the 9/18 match day, and Latino support is always latent. This is why NFL lovers are warned against this type of scam.
Alerts in Similar Cases
In the United States, government reactions to cases of cryptocurrency scams have not been long in coming. For example, a couple of days ago, Florida Attorney General Ashley Moody on Wednesday issued an alert to Floridians via Facebook, Instagram, and other social media platforms.
“The lure of quick profits has drawn millions to cryptocurrency trading, with many new investors joining the market on a daily basis. However, where there is an opportunity, there are also scammers, who successfully provoke victims early and then entice them to transfer their profits to fraudulent trading platforms. We are seeing an increase in reports of cryptocurrency bait and switch scams,” Moody said. The idea, of course, is to prevent citizens from falling for these kinds of traps and losing their money.
How to Be Protected from Crypto Scams
Three recommendations have been highlighted by Moody, which are listed below:
First, always beware of unsolicited investment offers.
Second, know that if scammers ask for payment in cryptocurrency for the right to recruit others into a program and promise rewards paid in cryptocurrency, it is a scam.
Third, beware of fake cryptocurrency trading platforms that may look like legitimate ones.
By Audy Castaneda
