Home Bitcoin News Bitcoin Scam New "Elon Musk Club" crypto giveaway scam promoted via email – BleepingComputer

New "Elon Musk Club" crypto giveaway scam promoted via email – BleepingComputer

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A brand new Elon Musk-themed cryptocurrency giveaway rip-off referred to as the “Elon Musk Mutual Help Fund” or “Elon Musk Membership” is being promoted by way of spam electronic mail campaigns that began over the previous few weeks.

Earlier than you dismiss these scams, saying that nobody falls for them, related crypto scams have been massively profitable and have generated a whole lot of hundreds of {dollars} previously.

For instance, scammers made $180K in a single day in 2018, Twitter suffered an enormous assault the place crypto scammers earned $580K in every week in January 2021, after which another scam stole $145K in February.

Simply final week, someone sent three bitcoin, or $150,074 on the time, to a identified crypto giveaway rip-off.

The Elon Musk Membership rip-off

Whereas most cryptocurrency scams goal social media customers, scammers now use electronic mail spam to advertise a brand new “Elon Musk Membership” or “Elon Musk Mutual Help Fund” giveaway.

The phishing emails themselves are low effort and embody unusual non-descriptive topics and messages. Nevertheless, they embody an HTML attachment named merely ‘Get Free Bitcoin – [id].htm’ or “Elon Musk Membership – [id].htm,” as proven beneath.

Spam email with Elon Musk Club attachment
Spam electronic mail with Elon Musk Membership attachment

These HTML attachments include a single line of code that makes use of JavaScript to redirect the browser to the https://msto.me/elonmusk/ webpage.

Contents of HTML attachment
Contents of HTML attachment

The https://msto.me/elonmusk/ web site will faux to be an “Elon Musk – Mutual assist fund” that guarantees to ship 0.001 to 0.055 bitcoins to all customers who take part.

Elon Musk - Mutual aid fund scam site
Elon Musk – Mutual assist fund rip-off web site

While you click on on the ‘Settle for an invite” button, the positioning will carry you to a different web site referred to as “Bitcoin Donate,” situated at https://bitcoindonateur.web site/.

bitcoindonateur.site scam site
bitcoindonateur.web site rip-off web site

You’re prompted to enter a bitcoin handle to obtain the free bitcoin, your title, and an optionally available image at this web site.

Enter your information and wallet address
Enter your info and pockets handle

While you click on the ‘Settle for donate’ button, the positioning will redirect you thru a sequence of pages that fake to be customers donating .001 bitcoin to your account.

After your account has accrued 0.055 of pretend bitcoin donations, you may be dropped at a ultimate web page stating that you have to first donate 0.001 bitcoins to a different person to obtain your “monetary help.”

Scam site prompting victims to send 0.001 bitcoins
Rip-off web site prompting victims to ship 0.001 bitcoins

Nevertheless, these bitcoin addresses are owned by the scammers who take your “donation” however don’t ship something in return.

To this point, BleepingComputer has seen two bitcoin addresses related to these scams:

Whereas the scammers have solely earned ~$3,661 from these two addresses, many different bitcoin addresses are possible used on this rip-off.

Even worse, whereas writing this text, the second bitcoin handle obtained three extra “donations.” exhibiting that this rip-off continues to achieve success.

As these scams have the potential to generate a big amount of cash for risk actors, they don’t seem to be going away any time quickly and can possible proceed to unfold to different messaging platforms.

Due to this fact, everybody wants to acknowledge that just about each crypto giveaway web site is a rip-off, particularly those who faux to be from Elon Musk, Tesla, SpaceX, and Gemini.

In the event you obtain emails, tweets, or different messages on social media selling a majority of these giveaways, it’s safer to understand that cryptocurrency you ship is not going to produce something in return.

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