Don’t Trust Anyone Offering Money on Twitter

What happened

Vitalik Buterin, an Ethereum co-founder and a leader of a numberr crypto ratings, warned his Twitter subscribers of increased scam flow and urged not to trust “anyone asking for or offering money on Twitter”.

What exactly caused him to do so?

A new wave of Ethereum scam. Someone impersonating Vitalik tried to trick cryptocurrency owners into participating in a so-called ETH promotion. The scammers posing as Vitalik asked crypto owners to send them ETH in order enter a giveaway.
“If you get an email that looks like it’s from me asking for ETH, please do NOT send. Either contact me first or if you’re lazy just assume it’s a fraud,” said Vitalik.

I saw it! So it’s not true?

Of course not. “Time that it takes for scammers to copy my new profile picture: 10 minutes. DON’T TRUST ANYONE ASKING FOR OR OFFERING MONEY ON TWITTER,” here’s a life lesson from Buterin himself.

What can we learn from it

  •  It might sound like a generic takeaway, but it’s so true: if something sounds too good to be true, you’re most likely gonna get screwed.
  •  Regularly check the resources like Ethereum Scam Database to spot some of the active cryptocurrency scams.

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