Fake crypto giveaways steal millions using Elon Musk Ark Invest video

From bleepingcomputer.com

Fake cryptocurrency giveaways are stealing millions of dollars simply by replaying old Elon Musk and Jack Dorsey Ark Invest videos on YouTube. The scheme is the old “double your investment” ruse that promises to pay back twice the cryptocurrency amount the victim sends the scammer. The fraudsters made more than $1.3 million after re-streaming an edited version of an old live panel discussion on cryptocurrency with Elon Musk, Jack Dorsey, and Cathie Wood at Ark Invest’s “The ₿ Word” conference. In the past, scammers used other videos related to Elon Musk, including SpaceX launches or Tesla videos, to ... (full story)