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Twitter Nonetheless Littered With Crypto Scammers Shopping for Adverts That includes Elon Musk’s Face

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Have you ever observed a deluge of ads on Twitter recently touting rip-off cryptocurrencies that use Elon Musk’s face? You’re not alone. Final week, I reported on the paid advertisements that fraudulently use Musk and his firms to shill rubbish crypto. And it appears the issue is simply getting worse.

“Neura makes public their Blockchain Undertaking,” an advert I noticed on Sunday reads.

For those who click on on the advert it takes you to a web page that claims guarantees, “Breaking information for all crypto buyers world wide!”

The web page insists {that a} “pre-sale” is underway for a Neuralink-branded cryptocurrency, one thing that’s merely not true. Effectively, the token sale is actual—within the sense that scammers try to get your cash.

“The visionary CEO of Tesla and Neuralink, Elon Musk, has simply introduced the launch of the official Neuralink Token, and the Pre-Sale is now open for a restricted time solely,” the rip-off web page reads.

In actuality, Elon Musk has by no means launched his personal cryptocurrency. And he’s by no means endorsed a coin tied to Tesla, Neuralink, or SpaceX, or any of his different firms. For those who purchase the coin, which is billed as going for $2.50 every, you’re merely handing your cash to scammers.

Twitter, which used to promptly reply to inquiries by journalists earlier than Musk took over, has nonetheless not responded to my questions. And it’s nonetheless unclear whether or not Twitter is totally conscious that scammers are utilizing the platform to promote rip-off crypto. However whether or not they’re conscious or not, the corporate is clearly being profitable by taking advert {dollars} from scammers.

Clicking by the advert I noticed on Sunday, customers ultimately arrive at an internet site made to appear to be an official Neuralink website. And it’s this shell sport that in all probability permits the scammers to get their advertisements accepted. Presumably, the content material being linked to appears to be like innocuous sufficient when it’s reviewed by Twitter’s processes—assuming they nonetheless have some form of advert overview processes—after which the content material at these hyperlinks is switched out as soon as the advert is reside.

The advert I noticed on Sunday wasn’t the one crypto rip-off in latest days. I additionally noticed a SpaceX-themed coin being marketed on Twitter and bought utilizing the identical methods. The advert used a photograph of Musk with a SpaceX emblem behind his head, and was made to appear to be it was coming from CoinTelegraph, an precise information outlet that covers crypto.

And identical to the scams I reported on final week, the scammers are promising that individuals who purchase sufficient might win free funding recommendation from Musk through WhatsApp, a visit to Mars, or a free mind chip implant from Neuralink. The one actual distinction between the positioning now and the one I noticed per week in the past is that the deepfake video of Musk seems to be gone.

Given latest information that the FDA has rejected Neuralink’s utility for human trials, you’d suppose the scammers would need to replace that promise. However perhaps the rip-off artists are banking on the truth that whoever would fall for this sort of rip-off isn’t maintaining the perfect tabs on the information. In any case, they’re promising a brand new cryptocurrency that Musk has by no means promoted on his official Twitter account.

I reached out to Twitter but once more on Sunday and can replace this submit if I hear again. However I’m not going to carry my breath.

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