The crypto scammers are targeting more and more respected personalities every day. After a majority of technology companies and their bosses added “Not giving away” to their Twitter profiles to protect themselves from Twitter scam bots, the scammers have now started targeting politicians and Heads of States. Recently they targeted the Prime Minister and Deputy Prime Minister of Singapore, after which PM Lee Hsien Loong himself explained on Twitter that he and his Deputy Mr. Tharman Shanmugaratnam were being targeted by scammers and they don’t solicit any Bitcoin investments. You can see his tweet below:
— Lee Hsien Loong (@leehsienloong) September 22, 2018
His quick tweet to highlight the fake news was well received by at least one prominent personality in crypto space. Changpeng Zhao (CZ), the CEO of Binance, said about his tweet:
“Prime Minister of Singapore goes on twitter himself to fight scammers in our nascent space. Respect! and he talks about fighting fake news. Awesome!”
Crypto scammers have become an unsolvable menace for all social media companies and popular personalities. Twitter tried a number of different things to stop it, from mass banning of accounts to mandatory phone number verification when someone changes names, but till now the tweets of these scammers can be spotted easily on the platform. Same applies to websites as well – fake news related to crypto giveaways is nowadays present on popular sites too. If you see PM Loong’s tweet carefully you can see how a fake news soliciting Bitcoin was published by The Mirror.
So, if you see any crypto giveaway contests on Twitter, dig deep about the legitimacy of the offer before taking it seriously. Dig as much as possible. Because these are precisely the kind of scams that target people playing with crypto.