Fake Elon Musk giveaway for cryptocurrency forgery

The Federal Trade Commission (Federal Trade Commission) said on Monday that since October, there has been a surge in complaints about counterfeit currency fraud. Scammers have used forged gifts from celebrities such as Telsa CEO Elon Musk to cash interest on counterfeit currency. .

In a scam, people are told that if they provide a certain amount of frozen currency to “celebrities,” they will get more in return.

The U.S. Federal Trade Commission said: “People have reported that in the past six months, more than $2 million in cryptocurrency has been sent to Elon Musk’s imitators.”

Musk used to be a supporter of cryptocurrency, but recently called Dogecoin “hustle” on national television, thus knocking Dogecoin down. He also recently stated that he will not accept Bitcoin to buy Tesla due to environmental costs associated with mining Tesla.

The Federal Trade Commission said the scammers also impersonated government authorities or potential romantic partners. The agency said that since October last year, a total of nearly 7,000 people have reported losses of more than $80 million, with a median loss of $1,900. The agency said this is twelve times more fraud reports than reported in the same period last year.