Bitcoin Scam Alert: This FAKE Brian Armstrong streaming on scammed 4 Bitcoins (from one stream, and they had multiple running at the time)
Bitcoin Scam Alert: This FAKE Brian Armstrong streaming on scammed 4 Bitcoins (from one stream, and they had multiple running at the time)

By CryptoTapas.com | Bitcoinz News | 6 Apr 2020


People are still falling for the 'giveaway' scams in the crypto space.  Every day - scammers are becoming more and more creative.  The latest scam involved hacking an existing YouTube channel and then running a FAKE live stream of Brian Armstrong with a 'giveaway' attached to it.  

After so many scams - one would assume these MOFOs would not get a dime.  Unfortunately, we were able to track one of the addresses (3QEDECaFUp6gUHy5Qx65QHCDxy4WecGSyx) used for this scam and they had already scammed people 4.24 Bitcoins OR $30,000 to one address.

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According to the reddit thread - they have run multiple streams at the same time.  YouTube has brought down most of these streams but there is one still live on YouTube at the time of this writing (and that is the BTC address we followed).

                                                           

Once the money is scammed from the gullible, the scammers then send fraction of it to multiple addresses so that anyone trying to trace any single amount is disappointed by the money left in each wallet.  Check this...if you click on the address with big balance below (highlighted with red arrow) - you will land on a different wallet with a small fractional transfer and big balance.  

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When you keep chasing down this rabbit hole, you will end up on a wallet with 2.45 BTC.  However, we believe scammers will continue the fraction game until the amount is dissipated in small pieces for anyone wanting to chase down the wallets.

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It is very unfortunate that people are still falling in the traps laid out by the unashamed scammers.    Share with your friends so that they can warn their friends from becoming victims of any future scams.  Stay safe.  Stay alert. 

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