Bitcoin Forum

I found this live video. PLEASE REPORT TO AVOID MORE PEOPLE BEING SCAMMED

https://youtu.be/je1vflD429Y

They are impersonating binance in a live and asking people to send money (ether or bitcoin) but it's a scam.

https://i.imgur.com/QA9qg2W.png


The ethereum address of the scammer already received $1k in past 10 hours 0x5a167ca0b70482bae7004b3a7cc216af7149abcb (https://etherscan.io/address/0x5a167ca0b70482bae7004b3a7cc216af7149abcb)

Thank you such a lot for warning us  In fact  many good sites do of these things to form reputations worse than many reliable ones. But we should always all take care  We all got to report for this elusive one and a half  Then they're going to refrain from doing such activities.

Better edit the title into "Fake giveaway-Binance" or something more detailed which describes the issue.Because when people read this topic they will think this is just a troll post about Binance.

And its really need to be moved somewhere like Beginner &Help or in scam accusation to help people.

There are many live streams on youtube that claim that they are Binance.
All of them are scams. Binance never made any giveaway via Youtube. Also, who will believe that they are doing a giveaway of 10,000 BTC? This is a hell of money for a giveaway.

Nicely enough it was taken down.

Hey, Vsauce. Michael here. Here's an idea: a subcategory made specifically to denounce scams? For faucets, YouTube videos, pyramid schemes, etc. That would be pretty good for newbies and veterans alike - no more need for "Is x a scam?" because it would probably be easily found in that subcategory.

They made $4k out of that  :D

I think you really have to be careful with those things, no legitimate giveaway will ever ask you to "donate" to an address.

Not necessarily, this could simply be them moving btc/eth from one address to another, to look as if people are actually participating in that "giveaway". I don't think they can even make a $100 out of this. It's that bad of a scam.

They even have a blog/website using the exact same addresses:


http://archive.fo/0acr6

@OP, ill second what semobo said, move this thread to Scam Accusation board: https://bitcointalk.org/index.php?board=83.0

There are lots of videos on youtube about exchanges and bonuses.
But you should check who has done it, need official information from the project (exchange) to draw conclusions. New people, or even non-investors in this market, when they saw super-profitable ways to make money, they got involved.

Hope it becomes possible in Crypto future to quickly freeze money made through easy-to-prove scams like this (assuming it's really scam) and return the coins to their owners.
I think scams like that will probably be handled better in well decentralized community.
Including the feature in decentralized systems will help discourage  people from attempting that kind of scam

These scammers will never rest most especially on telegram, they devise all means to rob people of their hard earned funds, the most common one now is a malware file they send to you on telegram which hacks your phone whenever clicked upon, so pathetic some people have become victims.
Thanks for the alert!

They really have the nerves to scam people in the daylight! I feel pity for people who sent them funds without knowing that this is a pure scam! I've checked the link and thank God Youtube already removed it but I am sure they'll just keep making videos like this and scam more.

This send me this and I'll send you that scam.

Why people still doesn't learn from the past? this has been an obvious scam years ago and yet there are still greedy people that fall for this.

reported already and hope Vidoe must be deleted ASAP.

most of the victims are those who is not actively following scams issues that is why they are becoming victim as well,that is why we need mo information campaign for these people prevented from becoming a target.

Edited the title as advised. I posted it here because more people come than in scam accusation subforum.

Most of them are probably newbie in the crypto world that's why they are being ended up as a victim by these known scams.

These scammers always take advantage of those lack of knowledge about crypto. And those newbies think that the way to earn crypto is like that.

Before we work on every site we should practice well Now the official site is scammed almost due to the risk of investing without the proper information Many good site formations fake sites will never be the same as the original so you need to choose a good test before investing. The decision is yours but the newcomers are more likely to come later.

I saw this fake giveaway the past week, is a new scheme who is getting lots of coins. The wired part about it was the verified Binance account on youtube they used to start this scam. I think they are using more than 5 different channels to promote this scam.

We only can report the youtube channels, there is not much to do from our side.

"ARE YOU TELLING ME ENTERING CRYPTO IS NOT A GUARANTEE TO BECOME A MULTI MILLIONAIRE OVER NIGHT?"
- newbie

Hahaha. I can't argue with that.

But with the giveaway, this is driving many newbies to the wrong way. And with a very fine logic, there's no overnight success whether it will be from crypto, stocks, and whatsoever any legit investments that we know.

And majority of these investors that wants an overnight success, they'll always bite whatever scam scheme these scammers will make.

Thank you for posting it! I haven't seen it but this makes me remember to be cautious when participating in this kind of stuff.

Thanks for the warning haha, I think people are too wise these days to fall for such scams lol, send 10 eth and get 100 eth instantly ?!  ;D the people who sent them money are fool enough to finance the second wedding of their own wife lolmao xD

fraud like this I usually see in service companies there is no permit, in the form of a variety of ways. some do raise money and some gather people to be able to get certain prizes. in a way like a pyramid system, each participant must find another participant and the first participant will be the recipient of a prize when it has been collected, several participants are registered by him or the order below. but now it has penetrated into crypto, and this is an extraordinarily clever fraud.

this is amazing because the scammers try to take advantage of opportunities like this for fraud their the victims. Binance is a trusted exchange and of course many people are interested in this giveaway event. before it thank you for sharing this news on your tread because it is very helpful.

There are too many multi-level virtual currency models on the market.
Indeed, these forms of investment generate large profits in the short term.
Therefore, if you do not understand, you will be deceived.

i think you should change the address from "Newbie" into "Greed Noob" because nothing in this world that we can guarantee a Million Dollar overnight hahaha

man stop luring people to believe on that,never promise them of generating High profit in short time because this is how scammers find their Victims.

Yes the coin is made in such a way that it looks exactly like every coin But for those who are old-fashioned it's much easier to catch up The victims are particularly deceived by the newcomers That's why we should all be careful before doing business.

This ^. Unfortunately crypto is still kinda like the wild west. Yes you can make a ton of money in crypto, but in the end there's so many scams that it's easy to lose money too

Binance is a large trading floor. It will be hard to believe that they are scam. You should to consider carefully when reporting them.

yes, they spreading on Youtube even they hacking local Tv 

I unfortunately have also fallen victim to this scam and have lost 0.02 BTC this past weekend. It is quite sad as it took me a long time to gather that much bitcoin. But i will admit that it is my fault at the end of the day for not doing the proper research and for being gullible. However, i am a newbie in bitcoin, and so I guess this is how we all learn at the end of the day.

Really so pitying you so we should always all do a radical analysis and research before we work  binance Many popular and speculative sites  but the scam has spread such a lot that the site's alternate settings are barring. we should always all act with caution not just for the newcomers but also for the elderly who are often trapped by these traitors the danger is going to be much lower.