Elon Musk Offering Opportunity to Earn Millions: Bitcoin Scam


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Image about Elon Musk Offering Opportunity to Earn Millions, Bitcoin Scam
Elon Musk Offering Opportunity to Earn Millions, Bitcoin Scam

Story:

Elon Musk is offering an opportunity to 30 people in India to earn millions through his new company

Other Versions

Elon Musk is offering an opportunity to 30 people in Canada to earn millions through his new company

Fact Check:

Various messages and ‘news’ articles appearing online claim Elon Musk is offering an opportunity to 30 people to earn millions through his new company. While some mention country names like India, Canada, Nigeria and South Africa, others cleverly mention ‘your country’. Do not get carried away, the claims are simply part of a Bitcoin Scam in the name of Elon Musk.

About the Bitcoin Scam in the Name of Elon Musk

The claims in question appear as news articles on different blogging platforms like WordPress, Medium and also on Pinterest. The content of the ‘news’ articles is similar in most cases. They use current news items related to Elon Musk and convince (deceive) fans of entrepreneur Elon Musk with earning opportunity of millions through his new company in their country. When readers click through the links inside the article, they land on domains using names like ‘Bitcoin Profit’.

The websites ask reader’s personal information and invite them to join a certain Bitcoin platform. They are usually related to making a small investment and getting an increased ROI. In one case, we have seen they recommend reader to deposit $250 to unlock software for making a fortune. In many other cases, the scammers ask people to send them a small amount of the crypto-currency to qualify for the giveaway. However, the readers do not get any millions as Bitcoins or opportunity from Elon Musk and end up as victims. Note, the scams can appear in the name of other crypto currency like Ether (Ethereum, ETH) or even local currency.

Scammers provide false and inaccurate information and exploit the lack of understanding and knowledge about the crypto-currency market. The fake websites go down after some time.

Similar Scam in Past

Hackers in past have raised hundreds of thousands of dollars by posing as Elon Musk on Twitter. They impersonate the Tesla CEO, post tweet messages and trick people into sending them Bitcoin. As a matter of fact, Elon Musk has been the center of attention in such targeted Bitcoin scams from at least 2018.

So, we suggest people not to get carried away with these tall claims. Do not give away your personal information and do not send money or crypto-currency to unknown people.

Hoax or Fact:

Hoax and Scam.


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