A New Elon Musk Crypto Scam Targets Twitter Users.

Twitter followers of controversial tech billionaire Elon Musk have become the target of a new cryptocurrency scam, Bleeping Computer has reported.

While Twitter is still teeming with bots promoting links to fake donation scams in the comments impersonating crypto world figures, the recently discovered fraudster has come up with a slightly more sophisticated approach.

Potential victims are added to a list of “company of the year” which randomly targets those who follow Elon Musk and his companies.

The scammers’ goal is of course to trick users into parting with their crypto by clicking on a link to a so-called “the gift of freedom“.

People who click on the link are taken to a website that welcomes them with a quiz about Elon Musk’s businesses.

After taking the quiz, users are encouraged to deposit a small amount starting from 0.02 BTC to receive 5,000 BTC. Currently, the wallet associated with the scam is empty, meaning no one has taken the bait yet.

However, similar scams involving Elon Musk have netted bad actors millions of dollars, according to previous reports. Although cryptocurrency scams have been around for years, major social media platforms have so far failed to implement a comprehensive solution to combat them.

On Monday, heavy metal band Metallica felt compelled to warn their fans about cryptocurrency scammers trying to take advantage of the buzz surrounding their recently announced album and tour.

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