BTC Worth $1.1 Million Sent to a Confirmed Michael Saylor Giveaway Scam

A confirmed scam deal with impersonating MicroStrategy’s Michael Saylor has obtained over $1.1 million in bitcoin in January alone. The CEO of the NASDAQ-listed company later revealed that his staff studies such addresses virtually continuously however to little-to-no avail.

• Impersonating scams within the crypto business are a rising menace during which the perpetrators fake to be a well-known particular person from the neighborhood and provide to double all BTC that customers ship to their wallets.
• Needless to say, all BTC that’s truly transferred to the scammers’ addresses are lost, and the sufferer doesn’t obtain something in return.
• Although these scams sound too good to be true, individuals proceed to fall sufferer fairly regularly within the hope of free money.
• Michael Saylor, the CEO of the company that owns probably the most BTC and a personal HODLer himself, is regularly impersonated.
• The newest instance got here throughout the weekend as Whale Alert reported one deal with confirmed to be a Saylor-impersonating scam.
• Although it has been energetic for lower than a month (January solely), the pockets has attracted greater than $1.1 million price of bitcoin, which matches on to present the hazard of such scams.
• MicroStrategy’s CEO commented on Whale Alert’s publish in a while, indicating that almost 500 such scams went stay on YouTube in only one week.
• He stated his staff continues to report them “every 15 minutes, and they are taken down after a few hours,” however they proceed to pop up regularly.

489 of those scams had been launched on YouTube final week. We report them each quarter-hour and they’re taken down after a few hours, however the scammers simply launch extra…

— Michael Saylor (@saylor) January 16, 2022