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Image Source: Getty Images
What’s wrong
Mr. Wonderful is Kevin O’Leary’s Twitter account. shark tank The famous @kevinolearytv was apparently hacked by cryptocurrency scammers on Thursday. The attached image mentioned 5,000 ETH, but they sent multiple now-deleted tweets about crypto giveaways of 5,000 Bitcoin (BTC) and 15,000 Ethereum (ETH). The link prompted respondents to first submit their cryptocurrency funds and verify their wallet addresses.
These scams typically involve fake Twitter accounts impersonating the celebrity in question. In this case, the hackers were able to access his O’Leary real account and send out a series of tweets. This includes, as in an early report on the hack recorded by Finbold’s Jordan Major, “My account has not been hacked! I told you last night that I was going to give you a giveaway on TV. Enjoy!” ” was included in the tweet.
So what
Earlier this year, cryptocurrency fraud losses for 2021 and beyond reached $1 billion. Cryptocurrency scams are common and scam reports are skyrocketing as more people start investing through crypto apps.
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Cryptocurrency scams target unsuspecting people, and you could be one of them. Cryptocurrency gift scams, like the one at issue here, are a popular type of scam that attempts to get scammers to send you cryptocurrency. The scammer impersonates a celebrity online and usually he chooses something related to cryptocurrencies such as O’Leary. They send messages claiming to hold giveaways for those who want to participate. The link to the “gift” includes the crypto girlfriend’s wallet address, instructions for sending money to verify your address, and a promise of more than double the amount in return.
Scammers keep all cryptocurrency sent as part of supposed address verification and return nothing. Since cryptocurrency transactions are irreversible, victims have no way of getting back the funds they sent.
so
If you own or plan to buy virtual currency, it is imperative that you know how to protect yourself. When you send your cryptocurrency to another wallet, it goes away. There is no way to dispute and reverse the transaction. Cryptocurrencies lack the security of traditional financial products such as credit cards and bank accounts.
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let’s start
Do not send cryptocurrencies to unknown wallet addresses. Send cryptocurrency to your own wallet or to others only if you know the recipient personally. Make sure the wallet address is also correct. Mistakes can result in your remittance being sent to the wrong location and lost forever.
Also, understand what you should and shouldn’t share about crypto assets. We never give out your credit card number, address or security code to random websites. We are also unable to provide cryptocurrency details.
Remember that if your credit card gets scammed, the financial institution that backs your card is usually on your side. Don’t be fooled by cryptocurrency giveaways, no matter who announces them. It’s okay to be skeptical. If it sounds too good, it probably is. The fact that the hacker was able to share the scam through his O’Leary Twitter account is another sign he needs to be careful.
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