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Author Topic: Instagram Coin Scam- "ethereum_updates" -"Free Coin Giveaway"  (Read 207 times)
ChiBitCTy (OP)
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January 04, 2021, 05:58:16 PM
Merited by Mitchell (10), Heisenberg_Hunter (2), Evilish (1)
 #1

I just wanted to make others aware of this coin scam on Instagram being offered by "shopcryptostore" and promoted by "ethereum_updates".  My guess is that etherum_updates simply created this other account.

First they list the coins as "silver" but do not state they are NOT .999 fine silver, although they try and make it seem as if they are. They also state the coins are "never before released products" , which as many of us know this coin design was created by MJB Monetary Metals years ago.  They have have since initially posting, posted several others coins which are also not their own design/made by them.  The shipping rates for these "free" coins is insane, and there in lies the scam.  These coins were bought off ebay, which you can obtain for just a couple dollars. 

I reached out to both several days ago, never hearing anything back.





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MoparMiningLLC
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January 04, 2021, 06:31:36 PM
 #2

the funny part is the coin in the image states it is "gold plated" lol maybe they stripped all the gold off...

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Gatorelf
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January 04, 2021, 06:44:49 PM
 #3

yep the silver scammers have been coming out of the woodwork, watch for the .999 pure silver then later they say plate   
yesbitcoinyes
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January 04, 2021, 07:31:37 PM
Merited by ChiBitCTy (1)
 #4

Thank you for posting their scam. They were promoting the coins in their stories and posts as limited only 1000 made.

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January 04, 2021, 08:00:53 PM
 #5

Thanks for keeping a watch OP.

the funny part is the coin in the image states it is "gold plated" lol maybe they stripped all the gold off...

That's hilarious. Cheesy They didn't even bother changing the render before getting these made.
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