RATE Group | Scammers are using fake Facebook accounts to trick users out of Bitcoin
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Scammers are using fake Facebook accounts to trick users out of Bitcoin

19 Dec Scammers are using fake Facebook accounts to trick users out of Bitcoin

Posted at 13:32h in Bitcoin News by

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Scammers are targeting companies on Facebook, attempt to con followers into sending Bitcoin payments. Targets have included cryptocurrency mining company Bitmain and tech publication The Verge, which reported the scam to warn its readers.

The crooks post comments on the targeted business’s Facebook page, claiming that it has established a partnership with Bitcoin and is giving away a hefty sum of free cryptocurrency.

The posts are a type of advance fee scam (like the infamous Nigerian Prince email hoax), and requests that readers send a fee in Bitcoin to “verify their address”. The posts claim the money will be refunded immediately with interest – but of course that never happens.

“There are plenty of users creating fake accounts with our profile picture and inputting the same name as Bitmain,” the company wrote in a Facebook comment. “We always have these taken down but new ones always come out.”

Coining it

A similar scam took hold of Twitter in November, with fraudsters…

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