NFTs News

Twitter Promoted Fake Cristiano Ronaldo And Binance NFT Drop

The 2022 FIFA World Cup will increase interest in cryptocurrency projects with a soccer theme, and more artists (Cristiano Ronaldo) are trying to capitalize on this fleeting frenzy.
Twitter Promoted Fake Cristiano Ronaldo And Binance NFT Drop 3

Since November 30th, 2022, a risky fraud campaign has been active on Twitter. For the purpose of promoting phony non-fungible tokens purportedly backed by football legend Cristiano Ronaldo, fraudsters set up a number of accounts and phishing websites.

This scam’s primary Twitter account garnered close to 30,000 followers. The fact that Cristiano Ronaldo is featured in an actual video that he produced for a recent NFT release on Binance is what makes it the most hazardous. This film was copied by scammers, who are using it to entice investors.

In an effort to mislead prospective investors and soccer fans, they are also actively retweeting the news regarding the gathering of CR7 NFTs on Binance’s NFT marketplace.

Qatar FIFA World Cup group stage, soccer tokens and NFTs are aflame

Twitter Promoted Fake Cristiano Ronaldo And Binance NFT Drop 4

Fortunately, the website has already been flagged by the Metamask protection system as a scam, as it cannot be accessed with a single click from a browser when the MetaMask wallet is active. This website probably collects seed phrases and passwords from the Ethereum (ETH) wallets of duplicitous football lovers. Unauthorized clone of a Saudi Arabia fan token was made earlier today to explore the country’s stunning triumph over Argentina.

There has already been a lot of excitement about fan tokens on the Socios platform during this FIFA World Cup. For instance, in the 24 hours leading up to the tournament’s start, Argentina’s ARG recorded a double increase in its trade activity.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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Annie

Coincu News

Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.

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