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Kevin O’Leary’s Twitter Account Hacked to Promote Bitcoin, Ethereum Giveaway Rip-off – Featured Bitcoin Information

Shark Tank star Kevin O’Leary’s Twitter account was hacked Thursday and used to advertise a bitcoin and ethereum giveaway rip-off. The scammers claimed that Mr. Fantastic is freely giving 5,000 bitcoin and 15,000 ether, and anybody can take part.

Kevin O’Leary’s ‘Pretend’ Bitcoin and Ether Giveaways

The official Twitter account for Shark Tank star Kevin O’Leary, aka Mr. Fantastic, began selling bitcoin and ethereum giveaways Thursday morning. The account tweeted claiming that O’Leary has made some huge cash from crypto over the previous few years and he has determined to provide away 5,000 bitcoin and 15,000 ether. The tweet additionally gives a hyperlink for anybody to hitch the cryptocurrency giveaway rip-off occasion.

Kevin O'Leary's Twitter Account Hacked to Promote Bitcoin, Ethereum Giveaway Scam

The O’Leary Twitter account additional claimed that it isn’t hacked and the giveaways are usually not a rip-off. It additionally falsely claimed that Mr. Fantastic mentioned on CNBC final evening that he’ll away some cryptocurrencies for actual.

Kevin O'Leary's Twitter Account Hacked to Promote Bitcoin, Ethereum Giveaway Scam

The hyperlink supplied within the first tweet takes traders to a web site claiming to be the official web site for O’Leary’s bitcoin and ether giveaway. “Everybody can take part, together with these in the USA,” the web site particulars. Two extra hyperlinks are supplied: one is to take part within the BTC giveaway whereas the opposite is to take part within the ETH giveaway.

The pretend giveaway posts have been eliminated by Twitter just a few hours after they have been posted.

Crypto Giveaway Scams Widespread on Social Media

Cryptocurrency giveaway scams are widespread throughout numerous social media platforms, together with Twitter, Youtube, Fb, and Instagram.

Scammers usually hack the accounts of well-known individuals, politicians, celebrities, and corporations and use them to advertise their pretend giveaways. Elon Musk and his firms Tesla and Spacex are sometimes featured in these scams.

Within the O’Leary giveaway, the scammer evidently reused the identical web site they created for pretend Tesla and Elon Musk giveaways. Apart from feedback on O’Leary’s giveaway web site thanking Musk for sending them some BTC, each the bitcoin and ether giveaway pages for the Shark Tank star have the Tesla brand on prime and have been hosted on a web site with the identify Tesla within the URL.

In July 2020, numerous Twitter accounts have been hacked to advertise a bitcoin giveaway, together with these belonging to Apple, Google, Barack Obama, Invoice Gates, Floyd Mayweather, Jeff Bezos, Joe Biden, Kanye West, Mike Bloomberg, Mr. Beast, Uber, and Warren Buffett. Extra not too long ago, Pakistani politician Imran Khan‘s Instagram account was used to advertise a giveaway rip-off that includes Musk, and the British Military‘s official Youtube and Twitter accounts have been compromised in July to advertise a bitcoin giveaway.

O’Leary was not too long ago slammed by the crypto neighborhood for defending former FTX CEO Sam Bankman-Fried. He was paid about $15 million to turn out to be the crypto trade’s spokesperson. Following the FTX meltdown, O’Leary mentioned Bankman-Fried is a good crypto dealer and he’ll again him once more if he has one other enterprise.

What do you consider cryptocurrency giveaway scams? Tell us within the feedback part under.

Kevin Helms

A pupil of Austrian Economics, Kevin discovered Bitcoin in 2011 and has been an evangelist ever since. His pursuits lie in Bitcoin safety, open-source techniques, community results and the intersection between economics and cryptography.

Picture Credit: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This text is for informational functions solely. It’s not a direct provide or solicitation of a suggestion to purchase or promote, or a suggestion or endorsement of any merchandise, companies, or firms. doesn’t present funding, tax, authorized, or accounting recommendation. Neither the corporate nor the writer is accountable, immediately or not directly, for any harm or loss brought on or alleged to be brought on by or in reference to the usage of or reliance on any content material, items or companies talked about on this article.



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