Beware: New SpaceX Bitcoin Giveaway Scam

SpaceX Bitcoin Fake

Crooks Make Elon Musk a Bait for Wannabe Cryptotraders

Scammers again use SpaceX as a bait in fraudulent schemes. The statements of Elon Musk, CEO of the company, have been watched for a long time, and as soon as he says something about cryptocurrency, this immediately gives rise to a lot of food for fraudulent schemes. Some scammers make expensive fakes, while others make do with little. Before the story of DeepFake Elon telling how to invest in the BitVex cryptocurrency platform had died down, a low-end legend of the same type had already appeared.

This time we are talking about the fake site spacex-btc[.]org. This site pretends to be SpaceX’s dedicated platform for some kind of cryptocurrency giveaway that should help people make money by trading on cryptocurrency price fluctuations. This website may be redirected to by banner ads from apparently not the most reliable websites.

So, first of all, let’s say it: it’s a FAKE.

And don’t be fooled by the fact that this website has an SSL certificate. Do not look at HTTPS in the line, but the very name of the site: spacex-btc. Yes, and with TLD org. This site is a pure spoof because this cowboy office has no connection with the authentic SpaceX website or company.

The site has a decent design, but it’s still not stylish enough for a company like SpaceX. If you look for flaws, you can immediately notice grammatical errors in the fake quote of Musk himself and the terrible layout of the page.

SpaceX BTC scam inteface
Spacex-BTC scam platform has typos – a likely flaw of spoofed websites.

There is a chat button in the corner of the window. Of course, everything connected to luring money is performed perfectly in such offices. You can probably talk to them, and they probably have a call center. But don’t let that fool you. It may seem that no one will find it profitable to create an entire call center to ensure the credibility of a single fake page. But we must remember that the companies behind such scams work with many schemes at once, giving rise to deception on an industrial scale.

These websites have only one purpose – to get money from you. In 99.99% of cases, Forex-like deals in cryptocurrency that these companies advertise are done through the mediator, so you don’t even see your purchased cryptocurrency. Then a psychological game starts: the trading can be random at best. However, in worst cases, the scammers totally control the process. They can make their victims feel lucky and lure more and more money out of them.

Don’t buy into famous faces in advertising campaigns. If you are told that Elon Musk is launching his cryptocurrency or something like that, first check in the news if this is true.

By Stephanie Adlam

I write about how to make your Internet browsing comfortable and safe. The modern digital world is worth being a part of, and I want to show you how to do it properly.

View all of Stephanie Adlam's posts.

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