• Kevin O’Leary’s Twitter account was hacked on Thursday, promoting a crypto giveaway scam.
• The fake tweet claimed that Mr. Wonderful had said on CNBC that he planned to give away some cryptocurrencies, and provided a link for users to send their own digital assets.
• Crypto giveaway scams are one of the most prevalent forms of scams in the industry, often involving hacked accounts of famous people, politicians, celebrities, and companies.
On Thursday, Shark Tank star Kevin O’Leary had his Twitter account hacked, which promoted a crypto giveaway scam. The fake tweet, which has since been deleted, claimed that Mr. Wonderful had said on CNBC that he planned to give away some cryptocurrencies. The tweet then provided a link that instructed respondents to first send their own digital assets to verify their wallet addresses, to receive the giveaway prizes.
Crypto giveaway scams are one of the most rampant forms of scams in the cryptocurrency industry, often involving hacked accounts of prominent figures. The scammers impersonate well-known individuals like Elon Musk, Michael Saylor, and CZ, using fake accounts to promote their fraudulent schemes. These individuals, who are leaders in companies such as Tesla, MicroStrategy, and Binance, are commonly targeted by the hackers. Unfortunately, once the victims send their own digital assets to verify their wallets, no funds are sent to them and the scammers make away with the funds.
O’Leary’s Twitter account, which is followed by more than 982,000 people, is just the latest example of a high-profile account being hacked to promote a crypto giveaway scam. Unfortunately, it appears that these scams are becoming increasingly popular, as the hackers continue to take advantage of unsuspecting victims. It is important to remain vigilant and not click on any suspicious links or provide any personal information when engaging with any cryptocurrency-related messaging.