Bitcoin Forum

Here is one example of kind of string operation done

https://twitter.com/coffeebreak_YT/status/1621581040539033603?t=Vy7hWZYrxK4mob8EeFMeHw&s=19

It amplifies the need for investors to do their complete research before investing in newly launched projects. Even the person you had been admiring or following on social media platforms can be just promoting a scam. So apply some common sense next time instead of blindly following the expert financial advice of these gurus. Another platform, where this abuse frequently happens is YouTube where creators promote number of fake projects.

Coffeezilla did a good act there and does show how social media posting is all about money perks. The guy didnt even care about the consequence and might done on his reputation for the sake of $1k for a a very second deed of posting.

Im not sure if someone had minted those fake nft project. If so, then they are really dumb for not doing their due diligence. Imagine all the paid social guru who are doing this for the past years. The one who are pity here are the people following so better choose your favorite CT.

Ooof that Dillon guy just got owned for good reason :D

Agree, in general, you shouldn't take financial advice from social media influencers, especially those who have a shady reputation and track record. Most of the time their actions are driven by self-interest, whether that's through paid promotions or creating artificial hype for tokens or NFTs that they will eventually sell to their followers.

Investment is always a personal matter.  And everyone takes only one idea from social media but smart investors always do their own analysis and don't just invest based on someone's advice and that's wise. Because those who promote a project or a product in exchange of money can never be completely trustworthy because they always promote a project or a product in exchange of money. So it is always better to do your own research and then invest somewhere

I will likely say that most of the newly launched projets are scam.

And That's the only way to hack your email, after signing up in the site and verifing your email it will be easy to access all your details attached to your email.

There are a lot of issues like this on Twitter and different social media platforms.
Most of these influencers are only for money, and some of them don't have any idea what they are promoting and it could damage their reputation, even here on our country, a lot of influencers or content creators already experienced this.
I am worried about the next bull run because expect the issue like this will be more in public.

Yeah, it's not new, this all started during the height of ICO craze, social medias + some unscrupulous individual promoting scam.

That's the name of the game, maybe they just developed it since 2017-2018, but still the same MO for this scammers. But the good thing is that there are also group of people trying to exposed this kind of scam so that no one can fall for it. Dillon Danis though, not sure if this his is real name or just hiding it was already exposed here and again, I just do hope that he didn't victimized anyone.

@GreatArkansas - yeah, for sure this kind of attacks will multiple once we hit the bull run next year.

Always do your own research, investing advices from youtube is a scam in 95% cases

I visited the twitter link and the website itself and I laughed on what's inside that website. :D
On the other hand, I feel sad for those who fell into his promotions. I don't know that influencer or person, but I'm guessing he scammed a lot of investors already.

He really got big time on that one thanks to Coffeezilla and I'll wait for his video on Youtube. This is what you call "Scammer got scammed" and he literally fell into it. They are being called influencers, but they are influencing other people in a negative way.

The FAQ section is kind of funny though. :D

What a way to expose a paid promotion. Imagine paying the one that accepts paid promotion and prove that he is not doing research about the project and just cares all about the money. These influencer things are bad given that projects are just paying them o promote their own shttty project. This kind of influencer promotions has been going for a long time now and people should be awake on how dangerous it is to trust these influencers and not do any research about the project they are into. This shows how worst people can be for the sake of money. This is why I don't trust celebrities or any influential people that has no real knowledge about crypto that is just blindly doing crypto promotions.

Honestly, I can't wait to see the video, hopefully already this week  ;D

I'm baffled how someone can compromise his reputation in such a matter 0 due diligence. Ignorance or stupidity, the line is thin. You can see how young and immature he is, he obviously needed this kind of lesson to (eventually) learn something.

He and some other few followed individuals have been trying to expose such fraud for quite some time now, but so many newbies are still so blind to even see such warning. All they think about is getting rich overnight

if the "influencer" himself wasn't able to, just check out the website and realize that the project was fake, and he was being tricked. Now imagine the noobs that just listen to what anyone with even 10K followers on Twitter says.

So this is a coordinated tripping by him and others. Good hoax though, fooling the money grab influencers. My favorite scam buster is zach Ive been checking always his post and seeing a lot of exposed rugpull and so whatnot activity of some influencers, what good on him either they are small or big he doesnt waive. I wish we had like 100 of them.

That is becoming common these days. Don't blindly follow social media influencers whether they are from crypto or other industries that you really love and admire them.

It's because that's not the way on how you'll decide. Yeah, they are influencers and might give you some ideas with the other thoughts that they share but, it doesn't mean that they're always correct.

They can sometimes be wrong with their thoughts and mostly, yeah, advertise a scam project that they did little research before accepting the offer.

Most of the time they have been hired to do those things just like the old bounty managers who were trusted in the past, they are suddenly promoting multiple projects which mostly turned into scams. that was one of the reasons why people don't invest in a project that has been promoted by bounties nowadays because of the past incidents they had witnessed and that's the same reason why ICOs suddenly became lost hope after it was the hype and trend that year. Now we have the same scenario where NFTs are being used as their props to scam people and that would be the worse thing to happen to you if you are a newbie to the crypto industry.

Simply why you should never use social media as the final decision-maker for your investing decisions. Yes, you can refer to social media to see and look up "popular" investments, but you should still take the damn time to actually research and understand what the hell you're investing in. This is why I never have my social media follow stuff like this, I just use official news channels and random forums where I don't bloody know who the hell I'm talking with so that I can take the time to research myself even with their recommendation.

We can get some ideas from social media but when it comes to decision-making, it was us who have the right to do, not by relying on them.
It was not new to having these scenarios, research must be applied in all projects whether it was old or new just to have an overview of the project. In this way, we are able to avoid in investing scam projects.

Many scammers and market manipulators use social media platforms to trick innocent people. It was their advantage as it was easier for them to spread (fake) information and get clients/investors. We need to be vigilant this time otherwise, we just let these people survive and continue their evil doings.

I am interested in cryptos since the end of 2017 so more than 5 years now and one of the lessons, that i have learned is, that you should never buy something because some crypto youtuber or crypto twitter influencer is saying that. Back in 2020 and 2021 i joined a few very early project and there i witnessed it first hand, that big crypto influencers get a big allocation in the private sale or even in the seed sale of projects and for that they are shilling those projects "for free". That way the project gets exposure and the influencer gets a big allocation for a very cheap price. Once the project is successful and the prices has risen the influencer then begins to dump and moves on to the next project.

It's not even surprising to me. I have seen a bunch of influencers getting paid by scammers to promote scam tokens. These influencers were also scammers too. They care only about money but not about their followers. Only dumb people who still keep following influencer's advice.

Newbies shall never ever follow any advice from influencers. Almost all influencers were playing mind games to its followers. Caffezilla was only a part of a few trusted influencers that exist on twitter. Most crypto influencers on Twitter were liars and scammers.

I don't know this guy. Though I have been there before, in a similar situation, where I blindly followed those so-called influencers. Generally, it is a bad idea to find a piece of financial advice on social media, the term itself should already suggest. The saying of "not financial advice" is just a bullshit. The influencers and the project owners know that their intent is mainly for publicity. That is where it gets wrong, where the mass is easily deceived by mere publicity.


There is a further explanation just below the main tweet. The project is non-existent, so the mint process just directs the user to https://sourznft.com/dillondanis/ link.

I don't understand. Is it not a widely known fact that Tik-tok, instagram, youtube and Twitter influencers are getting paid for tweeting?
I am not sure if i am more surprised about the fact that his promotions are so cheap or that anyone listens financial advices from someone whose job is to be choked, kicked and hit in the head.
"Must be a financial genius. Take my money!"

Twitter is full of scams, not just crypto related but fiat too. If something seems too good to be true then it probably is. We have influencers, people like Logan Paul rugging investors with shitcoins or NFT projects. You are responsible for your own investments but obviously paid promotions can catch your eye.

You need to be vigilant & keep your wits about you. Nobody is going to protect you so you need to do your own research into any potential investment. Do not get tricked or scammed by snake oil salesmen.

Not a new thing in this industry I guess. But what can we expect on social media platforms? Contents won't be filtered as long as it does not violate community standards unlike promotions which are widely allowed. Many scam projects are doing fake promotions wherein I think their way of 'investment' in order for more people to fall on their plans.I do not want to promote vicitm blaming in this platform but that's just one of the harsh truth- to study what you are engaging yourself with. To almost anything which is new to one's awareness, prior knowledge is important, perhaps on this industry. If an individual won't have enough knowledge of this industry, they'd just eventually float with huge loss.

Well, he is simply living up on his own terms, as he promised he would. Frankly, do you expect anything positive from a guy like this?

https://i.imgur.com/g0XTSji.png

People looking for legit financial advices must follow others who are on their same purpose of life. Serious people who are committed with the quality of the content they promote and the results of their work futurely. There are very few people like this on the internet nowadays, but it's possible to find, especially minor channels which don't get hyped by the algorithms of Twitter and Youtube.

Yeah, Youtube, Twitter, Facebook and many other social media platforms are the worst place to take investment advices even in my personal experiences. We all know that they aren't built for that but they are only built for entertainment or to communicate to the close people that we know, so most of the people there are just clowns. Apart from they are not serious, most of them are also being paid to fool others and scammed them later on.

This forum we have here can still be better because this forum is built for crypto discussions and other stuffs related to it like investing, trading and mining. We also have great people in here who don't mislead others but are only willing to help them without expecting anything in return.

It also pushes for the need to become a more responsible member of the crypto community and report social media promoters like him to regulators. They need to know how to apply due diligence too before advertising and not just give the responsibility to investors. They must learn the hard way.

it may not be the last that we will see in social media. if authorities won't make a move, it is on the users' now how they will react on this kind of advertisement. it goes to show that some of the personalities don't even know what they are promoting for. as long as they are getting paid, they don't care what they are giving to the public. people should be vigilant and not jump on any hype brought by their idols.

Depends on the influence and following of the influencer. If they've got active engagements from hundreds of thousands up to millions of people then that's higher pay.
But it all depends on how much they're asking or how much the offer will be. That's going to be an offer that they won't reject especially if not that many sponsors are approaching them and asking to work for them. It's like a one time work so, they'll just plug it to their video and then all good. That's why many influencers are fooled and don't DYOR.

A common and unfortunate mistake, these days people use social media so much they believe they can find the solutions to all their problems there, but social media was created with fast communication and entertainment in mind, not the diffusion of accurate information about a multitude of topics.

Trying to find reliable investment information there is a waste of time, specialized sources are needed and this thread presents a good example of what it should not be done if we do not want to lose our money.

even now all social media platforms are full of fraud and there are some parties who do it on purpose. some influencers also do it consciously and unknowingly because they receive substantial rewards for promoting them. Research is very important to do before promoting any project. For
To avoid the NFT scam, it is important to research and verify the reputation of the owner and project before making an investment. It is also important to ensure that the NFT is tradable and recognized by the wider NFT community.

It is also advisable to seek information and assistance from trusted sources such as NFT forums and communities, and always maintain the privacy of your personal information and financial information.

In fact, some of them are brokering such scams without knowing exactly what they are doing, but unfortunately some of them do so on purpose. The cryptocurrency world can be vulnerable to such abuses, as it puts the free world and free market economy at its core. At this point, the job falls to us. We should always be wary of such malicious people and invest in coins by doing our own research. Otherwise, we could easily lose all our money.

Yeah, i didn't thought about that maybe those followers weren't that active and some seem to have huge amount of paid bot followers.

And these influencers don't even seem to know that they are required disclose (https://truthinadvertising.org/resource/social-media-influencer-disclosure-requirements/) when they are doing paid advertisements. No wonder that famous twitter celebrities get sued left and right as they don't have any clue of what's legal and what's not, especially when they are not even reading about the projects they advertise. I wonder how these master minds got anything left.

It's an easy money for them. Imagine one tweet from them cost $1000 usd without any hassle on doing so given that they only most probably do 1-3 mins browsing on the project then post some flowerful words about the obvious and most common project pros then tada! Easy money they got. It's true that sometimes even if it's an obvious scam they just don't care about it. We see how these so called influencers ravage social media with all these sht projects during the bull market. It's an absolute disgrace from crypto community. I just hope that influence marketing won't be a thing on the next bull market cause it badly affects cryptocurrency on this kind of things.

If someone ever invests with the help of others or social media, then it can be seen that he always has a lot of worries. I think if I lose all the money by investing with my own thoughts, I don't have any problem. And if someone's intelligence or social  Investing by looking at any site advertising from the media is often accompanied by the fear of losing money.  But if you invest with your own mind then you can reap a lot from here. There will be no chance of losing money later I think.

When these people are getting paid they don't care if people will lose money if they invest under their influence as long as they are getting paid.I feel it similar to some advertising from celebrity about something they are getting paid for but they don't use it themselves but what is important to them are monetary benefits they get from company or project.But we should be making our own decision with open mind.

Yes, exactly. That's why I think it's important to tell others not to follow and listen to them, everyone should make their own decisions based on research. If someone is telling you to buy something, it will bring him more profit than you.

It was sad to say but I feel that the worsening scenario in social media and even can't be trusted. Might not all but the majority we found of these social media platforms are full of lies and assumptions which only become a reason why people distrust or ruin someone's life.

We thought that social media is medium to spread the right information but now, it was a medium used to scam people.
If this is only what we got from them, I'd rather uninstall this app because it was useless if this will lead us to lose our money.

I remember the John McAfee, reveals he charges $105,000 per promotional cryptocurrency tweet (https://www.theverge.com/2018/4/2/17189880/john-mcafee-bitcoin-cryptocurrency-twitter-ico).

So this is not new as Twitter is one of the best social media to attract new investors in the crypto market and they are using this platform in the past and will continue to do. So I do agree, each and everyone should used their God given common sense instead of blatantly investing on some project just because some so called financial experts advises us in social media.

Well everyone is going to do it for money so I am not surprised that even a well-known Twitter with a blue mark tick would even fall for this. Quite hilarious that the first letters of the project are spelled out as scam as described by CoffeeZilla.

While I do not know who these people are, it just says always that people should not trust their "worshipped" celebrity in the internet regardless of how rich or even how many followers that so-called "influencer" was.

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The comment section in Dillon Danis' recent tweet is on fire, lol.

Personally i didn't following any influencers especially in YouTube or Twitter where promoting a lot of SCAM projects from big numbers of followers profile even i have seen so many twitter verified accounts. They can promote anything without any research because of they paid for it. But end of the day newbies will be lose their money who following such projects.

You don't need to pay attention to any coin ads from famous people on Twitter at all. This is their business, they make money on it, luring naive investors to buy this or that project. They make money, while investors lose their money. Very often these Influencers advertise all sorts of gaming projects, NFTs or memcoins. All this is not worth your attention and money. These are all garbage projects that will never bring good profits to their investors. Only to those who bought before the appearance of such advertising from a known account.

I don't follow Twitter promotion for whatever reason and infect I don't have an account on Twitter,  but the thing is if you ever fine yourself in a situation we're you need to make an investment decision,  you should do your own research (DYO).

Twitter influencers are just after the money and they can promote almost anything as long as the project can pay their fees.

There’s a lot of fake promotions in social media and even celebrities, some of them promoted a scam project and they are aware of it. Promotions is fine but of course it is still your job to analyze the project before you invest because not all are worth to buy. If you are going to buy new projects don’t look for any promotions because all you can see is the hype about the project, try to analyze deeper.

It is common knowledge at this point, people who think that they unearth some amazing new information are people who have been here for not so long or people who have been here long enough but want to warn newbies.

Because if you are not a newbie, you know the fact that people get paid for these things, hell Kim Kardashian was just punished for exactly this recently and it is definitely a bad situation because it means there are so many people who gets paid for these things. In any case, I believe that we shouldn't be really worried about it at all and we should be focusing on something much better which is the fact that you could make a profit yourself, without needing these people.

That is the point. Losing by your own knowledge is always better then depend on another guy knowledge. Social media is just a medium to get some ideas but social media post or any other source can never be reliable. Even if you make a mistake and face loss, you can learn something good from that mistake, but if you depend on others, you can never learn anything good. So one should always take any action through own analysis be it investment context or something else

I totally agree with your opinion, I think it would be a big mistake for a person to think of trading with advice from other people or from any social media. But if you trade with your own thoughts, you can learn a lot. I am a newbie.  I often lost money when I traded with many people's recommendations, but I learned a lot when I started trading on my own.

Social media is now a place for everything including being used to promote new projects that are done by everyone. Don't look at who is promoting the new project, because not all influencers can be held accountable for what they say. In my country even artist circles make new projects, and in the end the project doesn't work and everyone ends up blaspheming it.
We can't blame it all, because it all comes back to us, are we easily influenced or want to do our own analysis, because the decision is in our hands.

Fake promotions is now all over the internet and we can't actually stop them since fake projects are also doubling their efforts to pursue their promotions. Influencers are also not reliable because they only focus on earning money regardless of what they are promoting. Fake projects will use influencers because they have a bigger number of target community so it will be easy for them to reach out to their target victims. The only thing that we can do about it is just to be wise and as much as possible, we must avoid projects that have red flags.

Influencers on Twitter are mostly scams even though their accounts have been verified but they often share incorrect information. It's better to be right as you said, we don't trust easily, the main thing is to reset it yourself before we invest. Their target is beginners who want to get rich quickly with the lure of big profits.

Though Twitter is like the worst place to promote new projects as such. It started just as like platform for some small conversations through tweet replies. I can still understand Facebook being used since it has its own marketplace system like a simple buy/sell, but Twitter would be the last platform that I would promote my projects in if I were a business owner.

Considering that a lot of people there are claiming to be "crypto experts", I would not be surprised if my supposed project gets cancelled by people there just because of whatever they can take out from my history.

This is why there are so many scammers around crypto space. There are some countries that don't have a tight law about things like that, This is why I think scammers don't worry or not scared to scam people because they can easily disappear and never be held accountable of what they are doing. Of course as an investor you are partly to blame why you invested on projects that turned into scam. Scammers are just taking advantage of the ignorance that people have and other people characteristic such as financial illiteracy, greediness and other people vulnerabilities. This is why people who are giving advises or doing paid advertisement always use the word "DYOR" or do your own research because they don't want to feel accountable whenever anything bad happens on your investment.

This is another dirty tactic of the scammers, they are using social media platforms and known names to fulfill their plan as they know that it could easily encourage new investors to invest in their worthless project. Yes, they are just seeking for their success and their concern now is how to make money without thinking about what it cost the investors.

I think we need space from social media and not listen to them when talking about cryptocurrency. In fact, I consider social media not a reliable source of information.

They got so much influence that is why the fake projects are paying a big sum for them to promote it however the people here who is investing based on a celebrity feedback should be blamed here because how they can blindly follow anything said by the celebs and this is happening for centuries starting from every advertisements for product on television.

Yes, influencers do what will make them profitable, it can be said that they only think about themselves without caring about how many people they will lose as a result of the promotion they are doing. Even some of them don't seem to know what they're promoting, it's something that can be found a lot nowadays.
But a new problem is emerging now, yes, now many people really trust the influencers they follow without re-analyzing them. When someone they trust says A they will do A, when they say B they will also follow suit.

It seems a shame that most of the Influencers on twitter are campaigning scam projects with high efforts to influence their followers to continue to earn profits. It's mind-boggling that so many people fall victim to such scams, and Influencers get away with this kind of thing without any legal consequences. For that you have to do your own research, don't use Influencers on Twitter or YouTube as the information base for investing.

It's money, what can we expect? They're going to take it of course regardless of the risk. A Youtuber with a fair amount of subs would bite into this and just disappear into thin air since they got their money and this is why content creators are not your friends at all.

If we're talking about investment, I won't be driven as such by these so-called influencers at all. There might be financial advisors out there, but it is waaayy different from your usual content creators that Youtube usually recommends in their algo.

It's sort of comforting to see people falling for the same tricks over and over. That reminds me that new investors don't learn from the mistakes of old investors and the circle goes on.
It makes me feel less bad for my own past mistakes of getting scammed when i see people falling for even more ridiculous scams.

That also means we can count on the fact there will be countless scams ahead with same exact emo. Nft scams, ico/ido/ieo scams, CEX exit scams, anon dev exit scams. Because masses won't learn anything. I need to have money ready for shorting when ever next big stablecoin fails or exchange gets hacked. Because those will happen. That's for sure.

I would understand the point, because every influencer does it so it is basically in the job title, influencers are there to influence people, and what do they influence about? Well, crypto influencers are there to influence about crypto, and how do they make a living? From projects paying them.

It is like how make up influencer promotes a make up product, or how a travel influencer promotes a hotel, it is very natural for them to promote projects. Even if that project is bad, that's how they make a living. However, what I do not understand will always be the people who invest into something because someone on twitter said it, why would you buy something just because some random influencer talked about it?

All these people must be forced to share if they got paid or not, that way it would be a lot easier to know if they really mean it or not. If you say it is paid promotion and then promote something, people would be able to see if you actually invested yourself, or are you just promoting because you got paid.

There are thousands of "influencers" on twitter that end up promoting stuff just because they got paid, and some of them do not even get paid in the token they promote, they got paid in USDT or BNB and promote the token. This is why it's not really a good idea to invest in them, and you should avoid it, but they make it look like they really like it and convince some people.

It is very important to always do your own research before committing your resources in any investment project be it promoted by an influencer or not. In the crypto space, some of the influencers may not even be knowledgeable in what they are promoting. At the end of the day, it is the investor that may lose his or her funds. Particularly for those who are new in the crypto space, so far as it is your hard earned money, why not make out time to do proper research?

This is just common sense, but when greed takes over common sense goes out of the window for most traders, and this is because they want to believe they can invest in a coin recommended by an influencer and make some easy money.

But we know what is actually happening, the ones earning money out of those recommendations are the influencers, as many of them do not care at all about what they are promoting and they have no problem accepting money from obvious scams.

And we are already aware of this kind of trick, using the Twitter platform to scam people has been growing fast and it was very unfortunate that they even use the name of known influencers to get attention and gain trust. For most users who don't have any idea or experience of how the scam trick has been set up, it is very likely they fall into this trap. That is why I ignore following Twitter, not even trust someone on social media unless I know that person personally. Research is very important and this is the only way we can get over from getting scams.

I know it's a bit OT, but this reminded me of the "live Tesla stream" from a hacked YouTube account with 1+ mil subscribers. It was in my YT feed at the beginning of this week, and it was extremely convincing.

This is an opener to would-be investors by avoiding this kind of trick imbibed by scammers, imagine investors having confidence  on the personality of the promoter of the said investment unknowingly its fake and Scam, the fact remain that research is the best means of exposing these dubious act of these scammers else new investors will continue to fall for this trick, of course personally I am aware that there are several new methods devised by those fraudulent scammers to scam people, it had been on Twitter for long therefore diligence and public awareness will expose them.

For new investors? yeah, this is a good opener for them not to blindly trust or listen to any influencer as they might be part of a bigger scamming group. But for those who have been hear long enough specially 2017-2018, they know this trick already and learn the lessons not be scam.

And it's really good for us that there are still people around the crypto sphere that is helping us exposing this kind of fraud personality. I know it's hard to believed it sometimes, but that's a fact, everyone is after the money here to be frank and they will do everything to make them millionaires instantly.

Well, it's not something new. Many influencers are paid to promote a certain projects to lure the investors. Unfortunately many people are still blindly following these influencers and didnt't take time to verify if the information is true. That's why it's easy now to spread lies with the help of these influencers who are only after money and don't have concern to other people that might become a victim of scam.

Thus as an investor we need to do our diligent research and don't just rely on what you read and see on different social media platforms.

Actually, this issue is very common these days because it was easy to manipulate the minds of the viewers on social media, especially if it is coming from known personalities. It was hard to say but I think we should also have to know that Twitter has now become a medium for huge scamming events and a lot of people got tricked and lose their money. And this will give us a lesson why we should be careful in dealing strangers and not easy to trust them especially when talking about money, talking about investment.

I am seeing a lot of influencers (including those that I follow) who promote unreputable NFTs and services, like gambling and exchanges. Clearly, we should not rely on their input, but rather allow ourselves to grow and learn from these fundamental things. Ever since my beginner days, I was told and I keep reminding myself that influencers should not be the reason why we invest on something.

Twitter is such a huge community so no wonder why scammers and fake paid promotions are increasing on this platform because they have the biggest number of targets. That's the reason why we have to be observant and must still do our own research instead of believing in fake promotions. Some people are using this opportunity to earn money regardless of their fake advertisements and promotions so we still need to be careful.

There are countless of influencer who are promoting blindly and they are the one who makes people lose trust on cryptocurrency especially those who became a victim because of their promotions. There are just influencers who doesn't have an ethical way of promoting a project. They only just care about the money and do the job without caring about their followers. I've seen so many youtube vloggers in my country who is promoting newly established casino which I'm a bit skeptical given that it's new and I believe not a professionally built casino. This is somehow kind of alarming given that the trust they have on the whole space of cryptocurrency is declining.

Quite weird that I have not seen a lot of "big influencers" though, but I won't be surprised anyway since the "Cancel" culture of Twitter is really toxic that it could bring down a popular influencer within seconds to few days and these big influencer folks are not going to risk their reputation being ruined due to promoting a scam. Not sure how strict Twitter verification is, but considering that it is now a paid subscription, any other fake or poser out there could get a blue tick and people would believe that they are reputated people.

Kinda alarming as what it sounds ya know.

It's a tough fact in crypto. Depending on my experience, I can say that the number of honest Twitter accounts is very low. We can take FTX and Luna as examples. Most crypto celebrities were promoting and defending them, which resulted in thousands of people losing their money. Unfortunately, money was buying global celebrities, who promoted some scam ICOs in the old days, so we shouldn't be surprised that crypto celebrities promote scams.

Honestly? You could tell the newbies that if you see someone promoting a token, do not buy that token because it needed someone to promote it. That would be more than enough to actually help them. If you see some influencer promoting a token, stay away from it, such a simple yet very true help.

I know that many newbies will not have any friends in crypto that can't give them this advice, but it is also such an easy one that maybe they could figure this out all by themselves? After all, why would anything that is proper and just and could go up itself, would need some influencer to promote it? Maybe newbies do not know that influencers gets paid for this, that could be an issue in that case.

And hardest part is how to determine the real account. In fact, we have heard that several accounts have been hacked and have now been used to scam people, even though we think it was legit but behind that account is a scammer. It couldn't really give us assurance that we are dealing with the real owner of that account but can be another person that has an evil intention and they will strike anytime when there is an opportunity.

^This is not new on Twitter, they are just only paid shills, even though their own selves don't know what they promote.
As long as they get paid, there is no matter for them who they promote. That is why even with how famous you are on Twitter I don't follow those who promote such a new project, take research first before putting my money into them. In fact, there is a lot of fake in Twitter that you should know in the first place. Do always simple research if you really want to, if there is someone promoting a new project.

This is going to become more problematic as deepfakes are getting better and the tools to detect them are not as good, however even if at some point they get better and were as good as our spam filters, the only thing a scammer needs to do is to create hundreds of them and one of them will eventually pass those filters and reach a large audience which will follow the advice given by a celebrity supposedly endorsing a scam.

Eventually the video will be taken down, but by the time this happens it will be too late for those which were unable to tell it was a false video.

If the account that they hacked often do live streams showing their face then they need to apply deep fake to mimic their face but does deep fake allows us to copy a non-famous face? Or does it allow you to upload a face of someone else? Because most that I see on deep fake videos are celebrities. If it's possible then what about their voice?

But, I think there are also voice changers which can work the same as deep fakes. They may also let you upload your own chosen voice. This is bad. Did the inventors of those tools didn't realize that their inventions can be use for taking advantage of someone else? It would be better if those software will be taken down for good.

This is a problem that will have to be addressed, as far as I know there is already AI which if given a source of your voice can be used to generate any kind of audio, and this could be used for all kind of phone scams or to try to incriminate someone.

And with deepfakes becoming more common and more sophisticated it will not surprise me if we move to an age in which we will have to doubt everything we see online as it will be impossible to tell apart a legitimate promotion from one which was created using that kind of software.