Elon Musk must once again speak out about crypto scammers on Twitter

Tesla CEO Elon Musk has once again complained about crypto scammers spreading on Twitter in response to a gift scam screenshot posted by Dogecoin co-founder Billy Markus.

He noted that the social media giant was struggling to fix the issue.

Musk has also struggled with crypto scammers for a long time. Back in 2018, before the Tesla CEO became a “familiar face” in the crypto community, he pointed out Ethereum spambots.

Venture capitalist Paul Graham also commented on the issue, stating that it can be too difficult for Twitter to detect crypto scammers.

Last October, Musk himself mocked scammers with a tweet about Dogecoin. They often promised to double the initial amount that gullible people sent them, but the billionaire “played the cards” by offering them a much less lucrative deal through a tweets:

“If I send you 2 DOGE, do you promise to send me 1 DOGE?”.

In July 2020, Musk, Bill Gates, Kim Kardashian, and other celebrities were targeted by a bitcoin scammer, culminating in the most damaging Twitter hack yet.

According to data released by the Federal Trade Commission last year, scammers impersonating Musk made about $2 million.

Twitter isn’t the only social media company that continues to fight scammers, as they also lurk on Facebook and Instagram. Popular YouTube channels were also compromised to broadcast fake bitcoin giveaway live videos with footage featuring the billionaire.

Join CoinCu Telegram to keep track of news: https://t.me/coincunews

Follow CoinCu Youtube Channel | Follow CoinCu Facebook page