Bitcoin fake giveaway cost investor funds, here's how much was lost BTC Giveaway Cryptos cryptoscam StaySafe scammer
In recent events, unsuspecting crypto investors are now being duped by con artists posing as well-known figures in the cryptocurrency industry on social media. There are also instances of verified Twitter accounts being hijacked and used to advertise fake giveaways intended to defraud token holders of their money., Ripple CEO Brad Garlinghouse observed that numerous Twitter accounts were replying to tweets using his image.
Garlinghouse also mentioned that other well-known cryptocurrency figures have suffered from bots, with Ethereum co-founder Vitalik Buterin and Binance CEO Changpeng Zhao being two of the main targets of impersonators. An apparent giveaway scam that claimed it would double payments donated to Bitcoin.org, an open-source organization that seeks to support Bitcoin development, resulting in its going offline in September of last year.
The crypto industry has just been shaken up by two significant exploits. One involved a hacking incident in which a hacker stole about $100 million from the DeFi service Mango by manipulating the token's price and then the most recent Binance exploit.
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