Elon Musk’s Twitter targeted: Beware of the $25 Million Crypto Scam 10 months after his rule, crypto scams on X (formerly Twitter) are still thriving.
One of the most popular was a fake “GBTC” token giveaway.
The post pretended to be from Grayscale Bitcoin Trust, the world’s largest Bitcoin fund, repurposing its GBTC ticker for the purported $25 million token distribution.
It was posted by a fake account handle @Grayscale_FND, an account bearing a strong resemblance to the real company in name and profile, but which is completely unrelated to the actual fund.
The company’s real Twitter account contains a gold verification badge, which is much more costly than the premium badge offered by the fake one.
A look at the fake account’s posts also showed a long list of reposts from the official Graysscale account, which pointed to the fact that many of these posts were retweeted from the Gr