Bitcoin [BTC] and other cryptocurrency scams continue to thrive in space despite falling prices. This time Charlie Lee, creator of Litecoin and Managing Director of Litecoin Foundation, took up this topic in space, on his official social channel.
In particular, the most common reproduction space for these scammers are popular social media channels like Telegram, Twitter and Facebook. These scams continue to be a major concern in space as it aims directly at new people in space.
At the beginning of last year, the scam took an interesting turn when scammers hacked verified accounts and started imitating famous influencers including Vitalik Buterin, the co-founder of Ethereum and Changpeng Zhao, CEO of Binance, with the aim of deceiving people in space in giving away cryptocurrencies. This resulted in the addition of the two who would not have distributed crypto / ETH next to their names in their social media management.
To add, these scammers managed to attract the attention of Elon Musk, the CEO of Tesla and SpaceX, with Musk pointing out that the people behind the scammers have "crazy ability". The trick with this scam is that scammers announce that they will distribute cryptocurrency and that they will receive the "giveaway", people are obliged to send a certain amount of crypto first to an address.
Charlie Lee said on Twitter:
"There are many fake Litecoin groups that scam people. By default, users can be added to new groups by" everyone. "This should NOT be the default, so new users are not silently added to counterfeit groups and exploited by scammers, or at least show a new group invitation! @durov @telegram "
This is not the first time that Lee has sensitized on these scams. In May 2018, the post sent a tweet claiming it is giving away 100 LTC for a limited time. To obtain the cryptocurrency, users were initially asked to send 0.01 LTC to an address and the address details were mentioned on a portal. When you click on the link, you are redirected to a displayed page:
"No, I'm not giving away free coins in the future, do not be fooled by my tweets [or anything else] saying that I will send you coins only if you send them to me first. If it sounds too good to be true, it's too good to be true. "
TBX[LTC], a Twitterati said:
"I'm in this group that warns people to avoid those scams, but greed seems to be bigger than the brain … they do not think twice …"
Subscribe to the AMBCrypto newsletter