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Author Topic: Giveaway Scam On the Rise  (Read 378 times)
Pandu Geddon
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November 03, 2023, 05:19:01 AM
 #61

These types of scams have been going on for a long time. In 2020 there was a major incident where the twitter accounts of high-profile personalities like Joe Biden and Elon Musk were compromised and they tweeted out an address and promised to multiply your Bitcoin if you sent BTC to them. The scammers were eventually caught because they sent some of their funds to centralized exchanges which had their KYC information.

this may be a classic way for scammers to get money. but it is still possible for people to fall for such deception. because every day there might be new people interested in crypto investment. and they search for random sources of information from social media or even search engines. and scammers have many ways there.
anyone must understand, Bitcoin or crypto is not a place to multiply our money. so when we decide to invest, we have to be patient. no one will multiply our money for free. Hopefully, no victims will be caught in scammer cases like that again.


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November 03, 2023, 12:56:05 PM
 #62

As technology is improving, cyber gangs are trying different ways to fool people. Many times it is seen that AI generates various scam projects on various social media. People who are newbies are losing their huge amount of funds by falling in the trap of all these scams, moreover it has become the most risky for newbies. AI generates successful scam projects like a project where people think it's a really good project but later turns out to be a scam. Due to this advancement in technology it is very difficult to know who will cheat and who will not, but those who have been involved with cryptocurrency for a long time are less likely to cheat. But the people who come to invest in new projects and invest money in those projects eventually lose their money and become destitute. That's why newbies should always keep in mind and be well educated about technology so that they don't get scammed and lose out while taking utmost precautions.

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November 03, 2023, 01:02:19 PM
 #63

These types of scams have been going on for a long time. In 2020 there was a major incident where the twitter accounts of high-profile personalities like Joe Biden and Elon Musk were compromised and they tweeted out an address and promised to multiply your Bitcoin if you sent BTC to them. The scammers were eventually caught because they sent some of their funds to centralized exchanges which had their KYC information.

this may be a classic way for scammers to get money. but it is still possible for people to fall for such deception. because every day there might be new people interested in crypto investment. and they search for random sources of information from social media or even search engines. and scammers have many ways there.
anyone must understand, Bitcoin or crypto is not a place to multiply our money. so when we decide to invest, we have to be patient. no one will multiply our money for free. Hopefully, no victims will be caught in scammer cases like that again.

Everyday there are newbies will get interest from what they are posting especially if they use a famous personalities then there's a chance that they will be caught up by their scams. That's why this classic scam never ends and it circulate even by now since they know that they can still get a victim since not all of the people knows about what they are doing is just pure scam. That's why its better for newbie to be financial literate and aware about such thing exist so that they will never get attracted for such offers they see on internet.

But unfortunately for other they always find the easiest way as they can to earn fast money that's why usually they fall on this scams and lost their money for those fake ones they encounter. To many scams testimonies online so its good for newbie before participating on anything related to profit or income gaining they must research about that topic since its very helpful to them to know any scam methods which still currently exist.

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