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Confirmed Elon Musk Scam Giveaway Address Receives 5 BTC

Published 03/03/2021, 08:41 AM
Updated 03/03/2021, 09:00 AM
Confirmed Elon Musk Scam Giveaway Address Receives 5 BTC
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  • Someone mistakenly sent 5 BTC to a fake Elon Musk giveaway address.
  • Some individuals are pretending to be Elon Musk to scam people.
  • Once again MicroStrategy Founder and CEO Michael Saylor announced their latest Bitcoin purchase on Twitter.

On March 1, a Bitcoin handle dispatched 5 BTC to a verified rip-off handle. This was reported by Whale Alert on Twitter.

The handle, 1EMuskYdgB3BtwxpEP46txN5EAN8KnA7dE, is related to a pretend Elon Musk website https://elon2x.com/tesla.htm. This has a scheme wherein it promises to return double any quantity of Bitcoin it receives between 0.1 and 10 BTC.

It is unclear whether or not the sender is a victim of the scammer or in cahoots with them. One example of the latter is if the scammer is transferring cash between wallets. Nevertheless, this is a mild reminder that Elon isn’t doing any wild promo of the sort.

In September 2020, for example, decentralized alternate Uniswap airdropped 400 UNI tokens (then priced $1,200) to its customers. Anybody who kept on to the governance tokens would now have $10,000.

Showtime, a forthcoming “NFT social community,” hinted at its airdrop by asking Ethereum addresses on Twitter. It drew in official blockchain authorities similar to CoinShares Chief Technique Officer Meltem Demirors and Week in Ethereum writer Evan Van Ness. The difference is that nobody was requested to ship any funds.

On the other hand, MicroStrategy CEO and Founder Michael Saylor announced their latest Bitcoin purchase. Saylor said that the business intelligence firm just purchased an additional 328 Bitcoin in cash at $15 million in total.

MicroStrategy has been on a massive BTC buy rampage. The firm believes that 2021 will be an excellent year for Bitcoin and is going all-in with the digital asset.

The firm has used many strategies in placing upon Bitcoin over the last few weeks. One of their most essential plans was buying 600 million worth of bitcoins and selling them as convertible senior unsecured notes. These notes will mature on Feb 15, 2027.

This article first published on coinquora.com

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