BTC Worth $1.1 Million Sent to a Confirmed Michael Saylor Giveaway Scam

A confirmed rip-off handle impersonating MicroStrategy’s Michael Saylor has obtained over $1.1 million in bitcoin in January alone. The CEO of the NASDAQ-listed firm later revealed that his staff experiences such addresses nearly consistently however to little-to-no avail.

Impersonating scams within the crypto business are a rising menace by which the perpetrators faux to be a well-known individual from the group and supply to double all BTC that customers ship to their wallets.
Needless to say, all BTC that’s really transferred to the scammers’ addresses are misplaced, and the sufferer doesn’t obtain something in return.
Although these scams sound too good to be true, individuals proceed to fall sufferer fairly incessantly within the hope of free cash.
Michael Saylor, the CEO of the corporate that owns essentially the most BTC and a private HODLer himself, is incessantly impersonated.
The newest instance got here through the weekend as Whale Alert reported one handle confirmed to be a Saylor-impersonating rip-off.
Although it has been energetic for lower than a month (January solely), the pockets has attracted greater than $1.1 million value of bitcoin, which fits on to point out the hazard of such scams.
MicroStrategy’s CEO commented on Whale Alert’s submit in a while, indicating that almost 500 such scams went stay on YouTube in only one week.
He stated his staff continues to report them “every 15 minutes, and they are taken down after a few hours,” however they proceed to pop up incessantly.

489 of those scams had been launched on YouTube final week. We report them each quarter-hour and they’re taken down after just a few hours, however the scammers simply launch extra…

— Michael Saylor⚡️ (@saylor) January 16, 2022