Bitcoin Spacex scam includes BTC giveaway, Elon Musk and NASA launch. A bitcoin scam alleging that Spacex and its CEO, Elon Musk, are giving away bitcoin has become more popular. Videos advertising that Spacex and Musk are giving away 5,000 BTC have appeared on Youtube regularly. The video showcases the launch of Spacex May 30 in partnership with NASA and other ventures.
The video shows a URL and a bitcoin address for people to send their coins to participate or learn more about the BTC giveaway.
The video URL redirects to a web page named “Spacex Foundation 5,000 Airdrop Bitcoin Giveaway”. The site states “At a time of such global crisis, Spacex is here to offer all the help that we can. We understand the financial uncertainty that some people may be facing right now, and have decided to giveaway 5,000 bitcoin, in our best attempts to help out.”
In order to participate, users must send any amount of bitcoin between 0.1 BTC and 20 BTC to the provided bitcoin address, which the scammers call the “official contribution address for the event.”
The fake Spacex bitcoin website adds, “once we have received your transaction, we will immediately send back (2x) to the address that you sent the bitcoin from.”
Some people claim to fall for the scam and protested to Youtube’s owner, Google Inc., but the scam videos tend to reappear on the video-sharing site. Spacex and CEO Elon Musk don’t give away free BTC, but other scammers use their names falsely in an attempt to make fake crypto-currency gifts look real.
[image: Wikimedia Commons]