No, Elon Musk doesn't want to give you crypto - it's a scam

Date:
Mon, 20 Sep 2021 19:30:30 +0000

Description:
A new Elon Musk-themed cryptocurrency giveaway scam has been making the
rounds online via spam emails.

FULL STORY ======================================================================

A series of spam email campaigns have appeared online over the past few weeks which are being used to promote the latest Elon Musk-themed cryptocurrency giveaway .

As reported by BleepingComputer , this new cryptocurrency giveaway scam is being referred to as either the Elon Musk Mutual Aid Fund or the Elon Musk Club. While these types of scam are easy to spot for those with a trained
eye, many users continue to fall for them as the allure of free Bitcoin is just too high.

Although the majority of cryptocurrency scams use social media to target potential victims, fraudsters have turned to email spam to promote this
latest Elon Musk-themed giveaway scam. We've built a list of the best
identity theft protection around These are the best endpoint protection software solutions Also check out our roundup of the best malware removal software

The phishing emails sent out to potential victims for this scam are low
effort with non-descriptive subjects and messages but they do include an HTML attachment which reads either Get Free Bitcoin or Elon Musk Club. The HTML attachment itself contains a single line of code that uses JavaScript to redirect a user's browser to a site pretending to be an Elon Musk Mutual aid fund with the promise of sending 0.001 (around $43) to 0.055 (around $2,395) Bitcoin to all users who participate. The Elon Musk Club

When a users who has navigated to the Elon Musk Mutual aid fund website clicks on the Accept an invitation button, they are then redirected to
another site called Bitcoin Donate.

On this site, users are prompted to enter a Bitcoin address in order to receive free cryptocurrency along with their name and an optional picture. After clicking the Accept donate button, users are redirected again through a series of pages which pretend to be other users donating .001Bitcoin to their accounts.

Once a user's account has a balance of 0.055 Bitcoin, they are sent to a
final page which says they need to donate 0.001 Bitcoin to another user in order to withdraw all of their funds. However, instead of unlocking a user's funds, the fraudsters behind the scam end up pocketing the 0.001 Bitcoin.

According to BleepingComputer , so far two Bitcoin addresses associated with these scams have only earned $2,661 but there are likely additional addresses being used by similar scams.

When it comes to emails about Bitcoin in your inbox, it's always a good idea to keep the adage 'if something seems too good to be true it probably is' in mind. In addition to swindling you out of your hard-earned money, these scams can also be used to commit identity theft especially when you provide
personal details such as your name, email or photo to those behind them.
We've also highlighted the best antivirus

Via BleepingComputer



======================================================================
Link to news story: https://www.techradar.com/news/no-elon-musk-doesnt-want-to-give-you-crypto-its -a-scam/


--- Mystic BBS v1.12 A47 (Linux/64)
* Origin: tqwNet Technology News (1337:1/100)