Crypto giveaway scams and how to spot them

Bezobraznike

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Quote from: Miaallen on June 14, 2020, 05:07:28 PM

This is a nice and a well reported research work. Despite a good job done here, people's greed will still keep pushing them to lose more funds to all this giveaway scams. Elon Musk's name is the latest name being used for a giveaway scam in the past few days now.

Miaallen you are right this thread is a product of good research work, OP explained
how some scams work. I believe most of us spotted many kinds of scams, who is
longer here spotted more scams than newbies.
Elon Musk is just one of the famous people who's name is used to scam people.
Who can forget the Twitter hack from several weeks ago? These things happens all the time.

akram143

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The term giveaway itself is enough to spot the scams and ofcourse there are very few give aways for promotional purpose but those rewards are very few bucks and not going to work as double the amount once you deposit certain amount into their wallets.

elyas772

hero member

Activity: 756

Merit: 502

Most of the time they spam in the comment section or send private messages saying about a huge deal that we've been chosen for that. I always report & block them.

Miaallen

member

Activity: 573

Merit: 30

This is a nice and a well reported research work. Despite a good job done here, people's greed will still keep pushing them to lose more funds to all this giveaway scams. Elon Musk's name is the latest name being used for a giveaway scam in the past few days now.

iv4n

legendary

Activity: 3248

Merit: 1179

Quote from: MUG1WARA on June 14, 2020, 10:55:59 AM

Examples of logical thinking like this, you have $ 50 then someone asks for the money and promises to give you $ 1000, if you believe then you are one of the people who have no education. just like a giveaway that asks for a small fee means it's clearly a scam

It's crazy, but people fall on crypto doubling sites, ponzi schemes that promise very high returns. I read the other day in newspapers about some woman that was scammed by some people, she fall on the promise that she can work from home for over 7k dollars, alla he had to do is to register there and send some money for verifications! She did not send them money once, she did that couple time, and only after two weeks she reported that to police! Scammers milked her for two weeks, who knows what they said to her, which lies! I can't believe something like that happening, how can someone be so stupid do believe and fall on something like this...

MUG1WARA

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Examples of logical thinking like this, you have $ 50 then someone asks for the money and promises to give you $ 1000, if you believe then you are one of the people who have no education. just like a giveaway that asks for a small fee means it's clearly a scam

Divinespark

hero member

Activity: 938

Merit: 501

Quote from: rahmatullah9305 on June 14, 2020, 06:16:51 AM

Quote from: momchilandonov on June 14, 2020, 06:01:07 AM

People just need to understand that there are almost n o n e of free crypto in the internet. best you can get is around 10-20 dollars. Others amounts in 99% cases just a scams

Free crypto on the internet is still there, it's just that the numbers are already very small, as is the case in the current campaign, not much else pays so that the hunters have to work extra hard to get a lot of results.

Free ? I don't see anything free in this market. Some airdrops pay $ 5-10 to the participants, but they require you to provide KYC in order to receive it, just like you are selling your information.

doctor877

full member

Activity: 896

Merit: 115

In simple terms , no real giveaway will ask you to send money before collecting your prize. It's not an exchange or trade by barter. You can't win a prize and pay for it.

kananto

member

Activity: 322

Merit: 10

Quote from: DDante on June 14, 2020, 05:35:29 AM

Every crypto giveaways that are scam always have one thing in common and that is ' requesting a deposit ' from people, giveaways should be giveaways, free of charge, nothing at cost, you don't need to be told that it's can once you are asked for payment

generally, besides this many scammers do not ask for deposits, but instead, play their targets by example of making links that contain viruses to steal data related to crypto or making scam links and hope that victims easily enter their privatekey or mnemonic there, and what I hate the most now is fake scam using fake tweets from famous figure like elonmusk.

rahmatullah9305

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Quote from: momchilandonov on June 14, 2020, 06:01:07 AM

People just need to understand that there are almost n o n e of free crypto in the internet. best you can get is around 10-20 dollars. Others amounts in 99% cases just a scams

Free crypto on the internet is still there, it's just that the numbers are already very small, as is the case in the current campaign, not much else pays so that the hunters have to work extra hard to get a lot of results.

momchilandonov

jr. member

Activity: 121

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People just need to understand that there are almost n o n e of free crypto in the internet. best you can get is around 10-20 dollars. Others amounts in 99% cases just a scams

DDante

member

Activity: 434

Merit: 19

Every crypto giveaways that are scam always have one thing in common and that is ' requesting a deposit ' from people, giveaways should be giveaways, free of charge, nothing at cost, you don't need to be told that it's can once you are asked for payment

MikeyVeez

full member

Activity: 896

Merit: 102

It would be nice to find out some stats that will tell us how many people in 2020 fall into these scam practices. I remember that these practices are since 2017 when many new people joined the crypto world, so they wanted to use to their advantage.

bobyhodob

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Quote from: helloinox on June 13, 2020, 12:03:52 PM

Greedy knows no bound. Some of the victims of those scams surely think the deal too good to be true or something doesn't seem right (twitter without verified check, website that isn't official,..) but they don't care.

I think the step you gave is still lacking because there are still gaps that might be used for scammers to continue to get victims, at least by making cooperation projects that are registered at a place of exchange that has a good reputation can provide many benefits for developers and hunters gifts and giveaway.

helloinox

member

Activity: 181

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Greedy knows no bound. Some of the victims of those scams surely think the deal too good to be true or something doesn't seem right (twitter without verified check, website that isn't official,..) but they don't care.

qigong13

member

Activity: 161

Merit: 12

Most the scams in your post are impersonation scam which I think very easy to spot out. Only fools would fall for that cheap trick but then there are the smarts and the fools in our world.

umbara ardian

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People are still so naive in this market, they need to know that there is nothing in this market for free. If you want to get money and profits, they need to work hard. Join the bounty in the long term and do research before joining

torrantz

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Quote from: vermigerous on June 13, 2020, 04:14:40 AM

A very suspicious rewards that gives a website to be a scam and fraud giveaways. It is very hard to convince a good crypto enthusiast with a good intelectual mind that is not easily baited about the high rewards, it would only result to a scam.

If the site was offering non-sense reward and asked for us to pay before get the airdrop and it can also be considered as scam too.
mostly people are getting baited with the high reward but it looks like so many people are aware of what they should do.

SacriFries11

sr. member

Activity: 882

Merit: 253

Quote from: Emilyearl on June 13, 2020, 05:45:20 AM

In reality nothing is free. Why would someone or an organisation be interested in doing giveaway? What do they intend to achieve with it? Those are the questions we should ask ourselves. Now if someone asks you to send money to receive bigger money then it's outright scam we should run away from it.

Its hard to really trust these giveaway or don't trust these kind of situation anymore. Yes your right. Giving away an amount of money for free is really hard to believe especially if they ask you for something money to exchange to this. Even its come officially to project but you should check it first, you can't blame the project itself if you know yourself that you don't check it first. I prefer to join for free promo giveaway that don't ask for anything that I know that I have nothing to lose.

Chuky92

copper member

Activity: 966

Merit: 5

I think the reason this giveaway scam keeps getting bigger each day with scammers developing new methods is as a result of the greediness of most people. When one goes to twitter they are everywhere promising what they can't offer. Also, I think the best way to curb this, is for everyone who wishes to participate in any giveaway to make sure it's coming from the project itself through either visiting their telegram group or their correct Twitter page, anything short than this will most likely lead to scams. Lastly, watching out for those giveaways demanding something first, thats their way of scamming.

Topic: Crypto giveaway scams and how to spot them (Read 1333 times)