Fake Elon Musk giveaway featured in cryptocurrency scams-U.S. FTC
The Peninsula
WASHINGTON - Fake promised giveaways by celebrities such as Telsa CEO Elon Musk are being used by scammers to cash in on interest in cryptocurrencies, the U.S. Federal Trade Commission said on Monday in noting a jump in complaints about cryptocurrency fraud since October.
In one type of scam, people are told that if they give a certain amount of cryptocurrency to a "celebrity" they will get more back. "People have reported sending more than $2 million in cryptocurrency to Elon Musk impersonators over just the past six months," the FTC said.
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