Crypto Scams on Twitter Can Bring Up to $100k in One Day

twitter scams

Crypto scammers are getting more and more inventive and come up with new ways to fool people and security systems. A cryptocurrency expert Adam Guerbuez had a unique chance to talk to a real Twitter scammer and find out about the peculiarities of their “job”.

In his interview, Guerbuez mentioned that scammers mostly work in small groups, although the vast majority of things is handled in an automated mode. The main thing to do is to avoid the Twitter security protocol which deletes bots. Bots do not even have to be verified accounts since the naive Twitter users don’t even pay attention to it.

Afterwards, everything goes quite easily, scam messages are sent out to people, Ethereum wallet addresses are generated, and the money is transferred there. According to an anonymous scammer, the only thing done by people is the conversion of crypto into fiat. 

The illegal actions usually bring ridiculous amount of money to the fraudsters: from 50 to 100 thousand dollars a day.

We have compiled for you a selection of the loudest crypto scams involving Elon Musk, Pavel Durov, Vitalik Buterin, Bittrex and adult sites.

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