Fake Facebook Accounts Are Trying to Steal Your Bitcoin

Fake Facebook Accounts Are Trying to Steal Your Bitcoin

This month, some Facebook users noticed something strange - in the comments to their posts, Bitmain was advertising some kind of “partnership” that invited the user to make a cryptocurrency transaction. The post looked suspicious, some decided that the company’s page had been hacked.


Of course, these comments under the posts were not written by Bitmain representatives, but by impostors. The company wrote on Facebook:

"People often create fake posts on our profiles and pretend to be Bitmain. We always close these pages, but new ones appear in their place."

This week, a Facebook account imitating The Verge also posted similar comments. According to posts on this page, the user is guaranteed a large amount of free cryptocurrency in exchange for a small transaction “to confirm the address.”

The fraud scheme is incredibly simple and at the same time cannot be said to be very effective. After all, if a person has managed to set up a Bitcoin wallet for himself, most likely he is already technically savvy enough not to fall for such a basic scam. However, the number of scammers suggests the opposite: if fake pages grow like mushrooms after rain, then this means it is a profitable business.

 Earlier this year, scammers created Facebook pages in the names of Elon Musk, Mark Zuckerberg and Sharyl Sandberg in order to fraudulently obtain funds from users of this network.


A Facebook representative said that the platform is trying to solve this problem. The company appears to be removing flagged posts, but it is not clear what security measures Facebook uses to detect or prevent fraudulent activity. Last month, for example, some of its users may have seen sponsored ads promoting non-existent cryptocurrencies.



According to www.theverge.com

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