Twitter Still Littered With Crypto Scammers Buying Ads Featuring Elon Musk’s Face

Have you ever observed a deluge of commercials on Twitter these days touting rip-off cryptocurrencies that use Elon Musk’s face? You’re not alone. Final week, I reported on the paid adverts that fraudulently use Musk and his corporations to shill rubbish crypto. And it appears the issue is just getting worse.

“Neura makes public their Blockchain Mission,” an advert I noticed on Sunday reads.

In case you click on on the advert it takes you to a web page that claims guarantees, “Breaking information for all crypto buyers all over the world!”

The web page insists {that a} “pre-sale” is underway for a Neuralink-branded cryptocurrency, one thing that’s merely not true. Properly, the token sale is actual—within the sense that scammers are attempting to get your cash.

“The visionary CEO of Tesla and Neuralink, Elon Musk, has simply introduced the launch of the official Neuralink Token, and the Pre-Sale is now open for a restricted time solely,” the rip-off web page reads.

In actuality, Elon Musk has by no means launched his personal cryptocurrency. And he’s by no means endorsed a coin tied to Tesla, Neuralink, or SpaceX, or any of his different corporations. In case you purchase the coin, which is billed as going for $2.50 every, you’re merely handing your cash to scammers.

Twitter, which used to promptly reply to inquiries by journalists earlier than Musk took over, has nonetheless not responded to my questions. And it’s nonetheless unclear whether or not Twitter is totally conscious that scammers are utilizing the platform to promote rip-off crypto. However whether or not they’re conscious or not, the corporate is clearly getting cash by taking advert {dollars} from scammers.

Clicking by way of the advert I noticed on Sunday, customers ultimately arrive at a web site made to appear like an official Neuralink website. And it’s this shell sport that most likely permits the scammers to get their adverts accepted. Presumably, the content material being linked to appears to be like innocuous sufficient when it’s reviewed by Twitter’s processes—assuming they nonetheless have some sort of advert evaluation processes—after which the content material at these hyperlinks is switched out as soon as the advert is reside.

The advert I noticed on Sunday wasn’t the one crypto rip-off in current days. I additionally noticed a SpaceX-themed coin being marketed on Twitter and offered utilizing the identical strategies. The advert used a photograph of Musk with a SpaceX brand behind his head, and was made to appear like it was coming from CoinTelegraph, an precise information outlet that covers crypto.

And similar to the scams I reported on final week, the scammers are promising that individuals who purchase sufficient may win free funding recommendation from Musk by way of WhatsApp, a visit to Mars, or a free mind chip implant from Neuralink. The one actual distinction between the positioning now and the one I noticed per week in the past is that the deepfake video of Musk seems to be gone.

Given current information that the FDA has rejected Neuralink’s software for human trials, you’d suppose the scammers would need to replace that promise. However perhaps the rip-off artists are banking on the truth that whoever would fall for this type of rip-off isn’t retaining the very best tabs on the information. In spite of everything, they’re promising a brand new cryptocurrency that Musk has by no means promoted on his official Twitter account.

I reached out to Twitter but once more on Sunday and can replace this publish if I hear again. However I’m not going to carry my breath.