There is no limit to fraud and scams in the crypto world! Fraudsters are now using Grayscale’s GBTC as a tool for their fraud. There are rumors circulating on social media platform Of course this is an obvious fraud.
Millions of dollars of crypto gifts!
The alleged $25 million crypto giveaway on social media platform X is too good to be true. By the way, we need to point out that this is not a surprise, it really happened. The posts published on X on Thursday and Friday are based on one of the hottest stories in crypto of the moment. In the background is the Grayscale Bitcoin Trust (GBTC), which is on track to be converted into the favorite traditional financial investment vehicle known as an ETF, as a result of a recent court win that you follow from Kriptokoin.com.
The incident in question is based on the claim that $25 million of a new token called GBTC (ticker symbol associated with the $13 billion actual trust) will be distributed to people who visit a website mentioned in the article. The trick is that the @Grayscale_FND account making these promises has nothing to do with the real company called Grayscale. A Grayscale spokesperson confirmed this on Friday. Thus, it turned out that the offer in question was an obvious scam.
Fake Grayscale (X)A result of Musk’s fee-based ‘blue tick’ policy?
Before Elon Musk bought Twitter and changed its name to Now it means the account holder pays $8 per month. This leads to the proliferation of crypto scammers using blue marked X accounts.
The real @Grayscale X account has a golden checkmark, a designation reserved for companies and other “official” organizations. This new distinction is all an X user needs to know to avoid being duped. But it’s also possible that @Grayscale_FND’s use of the real Grayscale’s logo is fooling them.
Grayscale_FND copied @Grayscale’s real account info (X)As you know, the crypto world is no stranger to such events. A researcher became aware of @Grayscale_FND’s posts. Because someone spammed it on X. Grayscale_FND does not accept direct messages from accounts it does not follow. Therefore, there is no way to reach the person behind this account. By the way, Grayscale is a company owned by Digital Currency Group. Response to an email sent by the researcher to address X: “I’m busy right now. Please check back later.” shaped.
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