A scammer is pretending to be Binance on YouTube and running a Bitcoin (CRYPTO: BTC) and Ethreum (CRYPTO: ETH) giveaway scam.
What Happened: A link included in the YouTube video pitches the scam as the “Biggest Luna Foundation Giveaway” by Terra (LUNA) co-creator Do Kwon.
The scam website linked in the video claims that the “giveaway” is sponsored by Binance, Coinbase Global, Inc (NASDAQ:COIN) and Tesla Inc (NASDAQ:TSLA) among others.
The Ethereum wallet shared by the scammer had garnered 12.02 ETH, worth $24,935.47 at press time.
The total coins received by the scammer in their Bitcoin wallet totaled 1.71 BTC, worth $52,001.10 at press time. The balance held in the wallet was 0.852 BTC worth $25,861.78.
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Why It Matters: The video shared by the scammer features the podcaster Laura Shin of the Unchained Podcast. The interview dates back to March 29.
Recently, a scammer was noted on Tesla CEO Elon Musk’s Twitter page asking for Dogecoin. A YouTube livestream scam featuring Musk and Twitter Inc (NASDAQ:TWTR) founder Jack Dorsey garnered thousands in Bitcoin and Ethereum in April.
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