Elon Musk, Daniel Craig Feature in Latest Crypto Scam

Elon Musk, Daniel Craig Feature in Latest Crypto Scam

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11. March 2020. by adminBTC
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A brand new crypto rip-off has been marketed on Youtube and different social media platforms not too long ago, promising excessive returns and a clearly faux “endorsement” from Elon Musk and Daniel Craig. YouTube Advert Results in Crypto Rip-off “Backed by” Elon Musk Enterprise Insider not too long ago noticed {that a} cryptocurrency rip-off often
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A brand new crypto rip-off has been marketed on Youtube and different social media platforms not too long ago, promising excessive returns and a clearly faux “endorsement” from Elon Musk and Daniel Craig.


YouTube Advert Results in Crypto Rip-off “Backed by” Elon Musk

Enterprise Insider not too long ago noticed {that a} cryptocurrency rip-off often called “Bitcoin Period” continues to lure potential victims with new ways, together with by utilizing the names of Tesla founder Elon Musk and Hollywood actor, Daniel Craig

The rip-off is promoted through a brand new YouTube advert that shows itself as an article from “the Blitz Information” titled “Bond franchise involves an finish.” The film producers introduced earlier this month that the most recent film, “No Time to Die,” will probably be delayed from April to November amid the coronavirus outbreak. The advert makes use of this information to draw readers to click on, but it surely focuses on crypto.

As soon as readers click on on the hyperlink, they’ll learn a faux put up titled “SPECIAL REPORT: Brits are listening to 007’s Daniel Craig and so they’re raking in hundreds of thousands from dwelling.”

The crypto rip-off pledges potential victims that they’ll change into a millionaire inside as much as 4 months.

“Bitcoin Period,” which is promoted as an automatic buying and selling robotic that may generate massive returns, is alleged to be backed by Elon Musk, Richard Branson, and Invoice Gates.

The faux article says:

These tech geniuses have constructed multi-billion corporations on fixing complicated points like on-line funds, computing, and transportation. Now, they’re tackling the worldwide drawback of wealth inequality by letting anybody — regardless of how wealthy or poor they’re — make sufficient cash to take pleasure in a cheerful and fulfilling life.

YouTube declined to remark, however an individual acquainted with the matter advised Enterprise Insider that the video-sharing platform eliminated the advert.

Bitcoin Period Aggressively Promoted On-line

Whereas YouTube might need eliminated that particular advert, we discovered that Bitcoin Period is closely promoted on-line.

In January of this yr, a web site that acts as a crypto information portal printed an article titled “Bitcoin Period Overview: Rip-off or Legit Robotic? The Outcomes Revealed!” Clearly, the article praised the “buying and selling robotic” that guarantees to convey a brand new buying and selling period.

The writer claims that he had examined the device, and his conclusion was that Bitcoin Period was “a top-ranking bitcoin buying and selling robotic and amongst one of the vital in style of the yr.” He misleads readers by saying that the buying and selling robotic was talked about in a number of Fb advertisements and has been related to celebrities like Richard Branson and Gordon Ramsay. Nevertheless, he admits that there “isn’t any proof these celebs have used this app.”

Nonetheless, “we now have examined Bitcoin Period and have decided that it’s legit,” the writer says.

The article reads that “opinions state that some customers have made a each day revenue of as much as $5k with Bitcoin Period,” which is full nonsense from out viewpoint even for a legit device.

The article even has a feedback part the place readers can categorical their opinions or ask questions. One consumer requested whether or not the bot was safe or not, to which the “crypto information website” replied:

Sure Chloe, bitcoin period is a really safe dependable and really well-known bot that’s utilized by many individuals and is a bot which has been acclaimed internationally. It’s 100% safe as you don’t have to fret about your cash when you’re investing it.

Final yr, shopper rights service Which? reported that scams like this one had disadvantaged victims of as much as $260,000.

How do you assume we should always combat crypto scams promoted on Fb and YouTube? 


Picture through Shutterstock



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