Cryptocurrency scams are on the rise. In a recent workshop organized by the U.S. Federal Trade Commission dubbed ‘Decrypting Cryptocurrency Scams’, it was revealed that consumers lost approximately $542 million in the first two months of this year in crypto-related fraud. By the end of 2018, this figure could hit the $3 billion mark according to the director of FTC’s Bureau of Consumer Protection, Andrew Smith.
Now, William Shatner has become the latest celebrity to be impersonated on Twitter with a view of scamming unsuspecting crypto investors. The actor most popular for his Star Trek role as Captain Kirk has consequently sent out an alert warning of the Ponzi scheme.
From the scammer’s tweeting history, activity started on June 20 with a post publicizing a website, etherpromotion.org, which was giving away 10,000 ETH. All that visitors to the website needed to do was send between 0.5 and 20 ETH, purportedly to verify their addresses. The tweets, as well as the website, promise to send back the ETH with the amounts having been increased by ten times!Still out There
Despite Shatner and many of his followers flagging the impostor account who bears his name as well as his Twitter profile picture, the scammer had still not been taken down from the microblogging platform at the time of writing. The website is also live.
Going by the history of such fraudulent activities, scammers have increasingly turned not only to impersonating high profile people but specifically those who are involved in the crypto space in one way or the other. As CCN reported, Shatner in his role as a spokesperson for the Solar Alliance Energy recently announced that the outfit was developing a crypto mining facility that uses solar energy.
The solar-powered crypto mining facility will be located in Murphysboro, Illinois, where Solar Alliance Energy has purchased a warehouse facility measuring 165,000 square feet.‘Not Giving Away ETH’ Cele...