Home Bitcoin News Bitcoin Scam Kevin O'Leary's Twitter Account Hacked to Promote Bitcoin, Ethereum Giveaway Rip-off – Featured Bitcoin Information – Bitcoin Information

Kevin O'Leary's Twitter Account Hacked to Promote Bitcoin, Ethereum Giveaway Rip-off – Featured Bitcoin Information – Bitcoin Information

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Shark Tank star Kevin O’Leary’s Twitter account was hacked Thursday and used to advertise a bitcoin and ethereum giveaway rip-off. The scammers claimed that Mr. Fantastic is making a gift of 5,000 bitcoin and 15,000 ether, and anybody can take part.

Kevin O’Leary’s ‘Faux’ Bitcoin and Ether Giveaways

The official Twitter account for Shark Tank star Kevin O’Leary, aka Mr. Fantastic, began selling bitcoin and ethereum giveaways Thursday morning. The account tweeted claiming that O’Leary has made some huge cash from crypto over the previous couple of years and he has determined to provide away 5,000 bitcoin and 15,000 ether. The tweet additionally supplies a hyperlink for anybody to affix the cryptocurrency giveaway rip-off occasion.

Kevin O'Leary's Twitter Account Hacked to Promote Bitcoin, Ethereum Giveaway Scam

The O’Leary Twitter account additional claimed that it isn’t hacked and the giveaways usually are not a rip-off. It additionally falsely claimed that Mr. Fantastic stated on CNBC final evening that he’ll away some cryptocurrencies for actual.

Kevin O'Leary's Twitter Account Hacked to Promote Bitcoin, Ethereum Giveaway Scam

The hyperlink supplied within the first tweet takes traders to an internet site claiming to be the official website for O’Leary’s bitcoin and ether giveaway. “Everybody can take part, together with these in america,” the web site particulars. Two extra hyperlinks are supplied: one is to take part within the BTC giveaway whereas the opposite is to take part within the ETH giveaway.

The pretend giveaway posts had been eliminated by Twitter just a few hours after they had been posted.

Crypto Giveaway Scams Widespread on Social Media

Cryptocurrency giveaway scams are widespread throughout numerous social media platforms, together with Twitter, Youtube, Fb, and Instagram.

Scammers typically hack the accounts of well-known individuals, politicians, celebrities, and corporations and use them to advertise their pretend giveaways. Elon Musk and his corporations Tesla and Spacex are sometimes featured in these scams.

Within the O’Leary giveaway, the scammer evidently reused the identical web site they created for pretend Tesla and Elon Musk giveaways. In addition to feedback on O’Leary’s giveaway website thanking Musk for sending them some BTC, each the bitcoin and ether giveaway pages for the Shark Tank star have the Tesla brand on prime and had been hosted on an internet site with the identify Tesla within the URL.

In July 2020, a lot of Twitter accounts had been hacked to promote a bitcoin giveaway, together with these belonging to Apple, Google, Barack Obama, Invoice Gates, Floyd Mayweather, Jeff Bezos, Joe Biden, Kanye West, Mike Bloomberg, Mr. Beast, Uber, and Warren Buffett. Extra lately, Pakistani politician Imran Khan‘s Instagram account was used to advertise a giveaway rip-off that includes Musk, and the British Army‘s official Youtube and Twitter accounts had been compromised in July to advertise a bitcoin giveaway.

O’Leary was lately slammed by the crypto neighborhood for defending former FTX CEO Sam Bankman-Fried. He was paid about $15 million to grow to be the crypto change’s spokesperson. Following the FTX meltdown, O’Leary stated Bankman-Fried is a brilliant crypto trader and he’ll again him once more if he has one other enterprise.

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What do you consider cryptocurrency giveaway scams? Tell us within the feedback part under.

Kevin Helms

A pupil of Austrian Economics, Kevin discovered Bitcoin in 2011 and has been an evangelist ever since. His pursuits lie in Bitcoin safety, open-source programs, community results and the intersection between economics and cryptography.




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