📈 Will you get serious about investing in 2025? Take the first step with 50% off InvestingProClaim Offer

You won’t believe the depths to which crypto scammers on Twitter are willing to sink

Published 09/22/2020, 06:46 PM
Updated 09/22/2020, 08:20 PM
You won’t believe the depths to which crypto scammers on Twitter are willing to sink
BTC/USD
-

Last Friday night, crypto YouTuber Ivan on Tech messaged me on Twitter. Shortly into our conversation, he graciously offered me an investment opportunity in “Bitcoin trading/mining”, courtesy of a platform that he alleged was associated with Binance.

A tale of two Ivans; the real one is on the left. Source: Twitter.

In reality, however, I was being approached by an Ivan impersonator, peddling a crypto affinity scam. The platform "Ivan" advertised, called Cryptobinance, has no affiliation with the actual Binance exchange, a representative of the company told Cointelegraph. But I played along with the scammer to see what additional information could be elicited from him. I told him that I was impressed by his offer and would be willing to invest 50 Bitcoin (BTC) into the scheme — funds that I claimed were part of my pension plan.

Cryptobinance investment packages. Source: Cryptobinance.
Source: Twitter.
Source: Twitter.
Source: Charles Hoskinson YouTube channel.

Continue Reading on Coin Telegraph

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2025 - Fusion Media Limited. All Rights Reserved.