Please watch out for the Elon Musk crypto giveaway scam, and warn your family and friends!
Elon Musk Crypto Giveaway : What Is It?
People are sharing a video which purportedly shows Elon Musk telling people to go to the ElonFirst website, which claims to be giving away 20 million dollars worth of bitcoins (BTC) and ether (ETH) cryptocurrencies!
And now breaking news. Take out your phones and go to elonfirst.com right now. You will be thanking me forever for this.
If you go to the ElonFirst website, you will see it claim that Elon Musk is the “founder of this event and one of the main sponsors” of the $20,000,000 crypto giveaway.
Elon Musk ’s Crypto Giveaway
You can visit the website, but do not follow the instructions there, because it’s a scam!
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Why Elon Musk Crypto Giveaway Is A Scam!
Here are the reasons why the Elon Musk crypto giveaway is a just another scam to cheat you of your hard-earned money!
Elon Musk is not giving away free crypto!
First, let me just point out that Elon Musk is not giving away any Bitcoin or Ether. He is a businessman who loves making money, not give it away.
Even his philanthropy appears to be largely self-serving, making him eligible for enormous tax breaks, and helping his businesses. That’s why he’s a billionaire.
There is also no reason why X (formerly Twitter) would ever give away over $2,000,000 worth of BTC and ETH cryptocurrency, when it is in financial trouble with negative cash flow, and has already lost about 80% of its value!
Elon Musk video was digitally-altered
The video of Elon Musk asking you to go to ElonFirst.com appears to be digitally-altered, using AI software to change the movement of Elon Musk’s mouth to match the fake voice-over.
If you watch the original video from the 2024 Annual Tesla Shareholder Meeting, you can see that Elon Musk never asked anyone to go to ElonFirst.com.
Recommended : Elon Musk Bitcoin + Ethereum Giveaway Scam Alert!
ElonFirst.com is a fake / scam websites
The ElonFirst.com website is a fake or scam website, pretending to be owned by Elon Musk. The website domain name is brand new, and was only registered on 9 October 2024.
The domain name also does not belong to Elon Musk, X or Tesla. In fact, its ownership appears to be hidden – a common practice for scam websites.
All we can tell is that the domain was registered in Stockholm, Sweden, and the server it uses appears to be hosted in Russia.
ElonFirst.com
Registered on : 2024-10-09
Expires on : 2025-10-09
Name Servers : ns5.myarena.ru, ns6.myarena.ru
Organization : Redacted for privacy
State : Stockholm
Country : SE (Sweden)
Just like an earlier cryptocurrency scam involving Elon Musk, it is likely the scammers will keep switching the same scam website to different domains every time they get exposed.
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This is a double-up crypto scam!
Just like the earlier Elon Musk BTC + ETH scam, this is a similar double-up crypto scam that relies on your greed to cheat you of your cryptocurrency.
Instead of giving you the cryptocurrency you prefer like a real giveaway would, it asks you to send your own BTC or ETH to receive double the amount in return!
In order to receive BTC from our giveaway – you have to send BTC & we will send back to you double the amount, instantly! This is to avoid bad actors exploiting our giveaway.
That’s utter nonsense. Whatever cryptocurrency you send to those addresses will be lost for good. You will never get it back, never mind get double the amount!
To further tempt you into giving even more bitcoin or ether, the scammers offer special bonuses for large transactions:
Send 0.1+ BTC
Send 0.5+ BTC
Send 1+ BTC
Send 5+ BTC
Send 10+ BTC
Send 20 BTC
All that is bullshit. They are just preying on your greed to trick you into giving them more cryptocurrency.
Please do NOT send any bitcoin or ether to those addresses. It is a SCAM!
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Name : Adrian Wong
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Dr. Adrian Wong has been writing about tech and science since 1997, even publishing a book with Prentice Hall called Breaking Through The BIOS Barrier (ISBN 978-0131455368) while in medical school.
He continues to devote countless hours every day writing about tech, medicine and science, in his pursuit of facts in a post-truth world.
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