Crypto scammers just like pandemics spread out from social media recently. Since the cryptocurrencies price went up so much, scammers were ready to impersonate celebrities to scam away people’s money. There is no control on big social media platforms and individual needs to be very cautious about interacting with individual celebrities. Here are some examples that will never true and you should never spend any money or you can prevent from falling into the trap.
Compromised Big Youtube Account
Scammers are getting smarter. They hack celebrity Youtube influencers’ accounts and steal their interview footage to impersonate celebrities to promote their own crypto products and fake giveaways.
The giveaway should always be effortless
There will never be a giveaway that requires your private keys, your contributions to invest or send promoters money in order to receive giveaways. Never ever a celebrity will just giveaway from the internet without any major news being released.
Private message from major social media
Scammers can impersonate fake accounts as celebrities and ask you to contribute or join free giveaways. There is no way one will reach out individually to giveaway cryptocurrencies of any kind.
Discord and Telegram are one of the many worst scam platforms
Discord and Telegram are full of crypto scammers who easily directly message individuals and ask for their contributions. Many are starting with your familiar celebrities account or any channel owners to reach out to you ask for joining events with crypto contributions. Others may invite you because you won an award and requires you to send money to redeem such a huge winning price.
Steps to avoid being scammed
Step 1: verified users
You always make sure their email address or social media handle of such persons. Scammers have a very suspicious email address or social media handle.
Step 2: ask many questions about the event
Make sure you understand any free giveaway crypto events requirements. Ask questions about why such giveaways are when the deadline of giveaways and who should you contact for such giveaway. Scammers usually have no patience but ask you to send their money immediately.
Step 3: screenshot or keep all conversation in records
You want to keep all information in hand in case you fall into the trap. Keep all conversations in record and share on social media if you got scammed.
Step 4: think twice before involving money transactions
Any financial transactions should be avoided without identifying the person’s identification. You want to use preferable fiat transactions rather than crypto transactions because crypto transactions are irreversible.
Step 5: try to send very small amounts of money if necessary
If you have to send funds, try sending a fraction of the amount first to make sure receivers are who they are.
Step 6: avoid all costs to send crypto if other’s identification cannot be verified
Try to avoid all crypto transactions online without knowing the one you send to.
Step 7: report, report, report
Even you did not get scammed, always report to and share all conversations to prevent others’ falling into the scam.
In conclusion
Be always cautious that scammers are out there. Avoid direct messages within social media if one cannot be verified.
This article is partnered with Cryptologist.
Photo by Sammy Williams on Unsplash
Disclosure: The article was written by a delusional author who is possibly a nut job without any questions whatsoever about expertise in the subject matters. You should not believe any words this author wrote or you may experience similar symptoms or even possibly become a nut job.
Resources
https://bitcoinist.com/youtube-crypto-scams-on-the-rise-as-victims-lose-millions/
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