TikTok Fights Back Against Elon Musk Crypto Scams
TikTok is being flooded with fake cryptocurrency giveaways, with scammers impersonating Elon Musk, Tesla, and SpaceX. These scams prompt users to register on fake crypto exchange or giveaway sites, claiming to offer free cryptocurrency. However, the scammers steal any deposited crypto and users receive nothing in return. These scams have been successful in the past, with millions of dollars stolen. The scams on TikTok often feature deep fake videos of Elon Musk promoting the fake giveaways. It is important to recognize that almost all crypto giveaway sites are scams, especially those claiming to be associated with high-profile individuals or exchanges.