Someone Just Transferred Bitcoin worth $243,153 to Elon Musk’s Scam Wallet Address

Five Bitcoin worth $243,153 were sent from a particular BTC address to a confirmed scam address which is associated with the totally fake website of Elon Musk. You have most likely seen many fraudulent tweets or watched several scam video streams generally related to a fake VIP account. For instance, they ask to invest one BTC and offer two in return, and those usually victimize no one. But it seems someone just caught up and lost $243K in the greed of making more and easy money.

A fake Bitcoin address associated with the fraudulent website of Elon Musk just received 5 BTC from another address on 1st March. That fake website was promising to return a double of any Bitcoin amount between 0.1 to 10. Another fact, which is still ambiguous in this regard, is that either the sender is really a victim or the scammer’s partner, who is transferring their black money between Bitcoin wallets. 

This incident is not the first; instead, the scams associated with Musk’s fake identity have crossed $2 million within two months. A logical fact that must be understood entirely in this situation is that “the CEO of Tesla does not work to increase your bank balance.” 

Skepticism About Digital Assets

People fall prey to such scams, especially in the world of crypto because, nothing seems like the ultimate truth. Most of the organizations offer a free lunch as a demo to win the trust in the beginning and eventually prove profitable. Apparently, it sounds too good, at least for some time. As far as virtual assets are concerned, there are many kinds of risks that you have to face like, protocols can be hacked, liquidity pools can be disturbed, and in short, all the rugs can be pulled. At the end of the day, It’s volatile money from the internet. How can you explain the reality of becoming rich by getting two BTC in return for one? In the case of Musk, there is still a logical fact that he has become the world’s richest man, not because he is distributing free Bitcoin in public.

Leave a Reply

Your email address will not be published.

Related

Investors Excited As XRP Market Capitalization Hits $20 Billion

It’s been wide jubilation today after XRP investors heard the announcement that the market capitalization has surged to $20 billion. XRP: a cryptocurrency developed and managed by Ripple, a San Francisco, United States, distributed data company. It was gathered that the coin itself responded to this development through a climb in price – it was […]

GlobalTrades Review, GlobalTrades.io – Is Global Trades Scam or a Good Broker?

GlobalTrades Trading Platform Rating 4.6 Summary Read our Global Trades review at FStar Capital Forex and Cryptocurrency Trading blog, find the answer to your question “is globaltrades.io scam or legit” and much more! https://globaltrades.io/ GlobalTrades Review As people look at cryptocurrencies and their immense success, they are eager to start their own trading businesses. While […]

Belgium Regulator Sets To Impose New Crypto Ads Rules

The Belgium government has mandated that every firm offering crypto advertisements should register with it before launching any campaign. Henceforth, any crypto advertisement without the government’s backing would be treated as an offense with heavy consequences. According to the report, the Financial Services and Markets Authority (FSMA) of Belgium recently announced that every potential crypto […]

Profit-taking on BTC Surge, As Price Breaks The $27,000 Threshold

It has just been confirmed that BTC has experienced the most extensive profit-taking activity since the last quarter of 2020. This information was obtained from data released by Santiment, an on-chain data analytics company. The released data also states that the profit-to-loss volume of the day-to-day ratio on on-chain transactions was one of the major […]

Governments Who ban Drugs Should Ban Crypto Too, Said Belgium’s Ex-Finance Minister

The former finance minister of Belgium, Johan Van Overtveldt, reportedly suggested that any country that bans drugs should also ban crypto assets. According to reports, he made the statement during the recently concluded European Parliament meeting. During the meeting, the parliament was reportedly deliberating on the effect the recent collapse of three crypto-friendly banks, Silvergate […]