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Elaborate ‘CryptoEats’ Food Delivery Scam Steals $500,000 in Minutes
For the last week, a handful of UK-based celebrities have been talking about a new startup, called “CryptoEats,” that would compete against UberEats by allowing customers to pay for food delivery in cryptocurrency. The creators mocked up a logo, got TikTok influencers to promote it (and one to wear its swag on a video), apparently threw a party, and announced the EATS token through a press release that went out over a service used often by legitimate companies. Almost immediately after its launch, CryptoEats vanished from the internet, along with a few hundred thousand dollars in one of the more elaborate ... (full story)
