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News

Kevin O’Leary’s Twitter Account Was Hacked To Promote Giveaway Scam Crypto

December 30, 2022 - Around 3 mins mins to read

Key Points:

  • Kevin O’Leary, a star of Shark Tank, had his Twitter account hacked on Thursday, which was used to spread a fake bitcoin and ethereum giveaway fraud.
  • The account stated that O’Leary had decided to give away 5,000 bitcoin and 15,000 ether because he had gained significant money from cryptocurrencies over the past few years.
  • Investors can access the official website for O’Leary’s bitcoin and ether giveaway by clicking the link in the first tweet.
Kevin O’Leary, a star of Shark Tank, had his Twitter account hacked on Thursday, which was used to spread a fake bitcoin and ethereum giveaway fraud. The con artists claimed that anyone could participate in Mr. Wonderful’s giveaway of 5,000 bitcoin and 15,000 ether.
Kevin OLearys Twitter Account Was Hacked To Promote Giveaway Scam Crypto

The Mr. Wonderful character Kevin O’Leary’s official Twitter account has been pushing gifts of bitcoin and ethereum since Thursday morning. The account stated that O’Leary had decided to give away 5,000 bitcoin and 15,000 ether because he had gained significant money from cryptocurrencies over the past few years. The tweet also includes a link that anyone can use to participate in the fake cryptocurrency giveaway event.

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The O’Leary Twitter account further claimed that it was not hacked and that the giveaways were not scams. It also falsely claimed that Mr. Wonderful said on CNBC last night that he would away some cryptocurrencies for real.

Investors can access the official website for O’Leary’s bitcoin and ether giveaway by clicking the link in the first tweet. The website states that “everyone can participate, even those in the United States.” Two additional URLs are provided, one for the BTC giveaway and the other for the ETH giveaway.

A few hours after they were published, Twitter erased the fraudulent giveaway posts.

Numerous crypto giveaway scams on social media

Numerous crypto giveaway scams on social media

Scams involving cryptocurrency giveaways are expected on several social media sites, including Twitter, Youtube, Facebook, and Instagram.

Hackers frequently utilize the accounts of well-known individuals, politicians, celebrities, and businesses to spread the word about their fraudulent freebies. The Tesla and SpaceX businesses owned by Elon Musk are frequently mentioned in these con games.

The con artist who developed the false websites for the Elon Musk and Tesla giveaways also utilized them for the O’Leary offer. Both the bitcoin and ether giveaway pages for the Shark Tank star featured the Tesla logo on top and were housed on a website with the name Tesla in the URL, in addition to comments on O’Leary’s giveaway webpage praising Musk for sending them some BTC.

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

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Annie

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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.