Blockchain & Crypto

Scammers promote fake giveaway on hacked Twitter account 

The official Twitter account of crypto exchange was hacked. Scammers now advertise a fake giveaway of 500,000 USDT 

scammers giveaway

Scammers promote fake giveaway on hacked Twitter account. Source:

As reported by Cointelegraph, a fake website is claiming exchange conducts a 500,000 USDT giveaway. Scammers ask users to connect their crypto wallets to claim the rewards. Thus, over 1 million users are now at risk of losing funds. 

Hackers changed the website URL from to gą ( The embedded phishing link steals users’ private keys. Once a user connects their wallet to the fake website, impersonators will gain access to their existing funds and may steal all the assets. 

Therefore, investors are advised to cross-check the website URLs of and other crypto trading platforms to ensure the legitimacy of the offerings. In addition, the FBI recently warned that crypto ATMs are gaining popularity among scammers. Individual losses related to these schemes range from tens of thousands to millions of dollars.


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Nina Bobro

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Nina is passionate about financial technologies and environmental issues, reporting on the industry news and the most exciting projects that build their offerings around the intersection of fintech and sustainability.