Fake Elon Musk Account Promotes Crypto Giveaway Scams on Twitter

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A fake Elon Musk account verified by Twitter was used to publish and promote tweet for a crypto giveaway scams.

The since-deleted tweet was posted through the account @TylerFlorence. The link posted to the tweet redirects to a giveaway site urging customers to send ‘0.2 BTC to 5 BTC to the address mentioned below and get 1 to 100 BTC back!.’

The news set off an outcry from users who saw the tweet, renewing analysis of the social media platform’s anti-scam practices. The incident is striking given that it involved a verified account and the scam information was shared by way of a promoted tweet.

Twitter has been facing criticism for the prevalence of giveaway scams. In fact, Elon Musk’s identity has been used in the past by many scammers hoping to parlay Elon Musk’s popularity to trick users into believing that he is, indeed giving away digital currency.

A few months back, a group of researchers issued evidence of a massive botnet fueling crypto scams on Twitter, using fake accounts fake accounts to give the appearance that real people were communicating with the giveaway organizers.

It’s an issue that Elon Musk himself is fully aware of, having posted about the problem a month ago. He sought help from crypto community members, including Jackson Palmer creator of Dogecoin, to block the scam solicitations from his feed.

When questioned Twitter did not respond immediately for comment.