His electric Auto Company Tesla had earlier declared that it will be accepting Bitcoin as their payment method, fueling the rally of this coin.
Musk is having an excellent influence on the crypto market. Counting on Musk's fame, online scammers are using his title to mislead investors, particularly people that are new to the cryptocurrency marketplace.
In one such instance, an Australian woman falls for a fake 'Elon Musk' bitcoin scam and lost her savings. She reported that she fell for a scam where scammers were advertising a fake website that stated that Musk would double your investment for Bitcoin deposits.
According to the report, the woman fell for the profitable offer. The site read, "Tesla buys $1.5 billion bitcoin, intends to give away $750M off it”.
The woman works as a teacher and had saved most of her salary for a new apartment. Now she has lost all of her savings into some Bitcoin scam, which is gaining traction with the growth of cryptocurrency.
"It affected me immensely. I wish I could have this rare move in a time machine, not make those few clicks. I felt robbed of my own dignity, self-respect, self-worth, and strength. They sucked all the goodness of life from me," she said.
She felt embarrassed of falling for a Bitcoin fraud and wanted to make investors aware of the internet scams operating in the title of imitation giveaways. Fortunately, a few days after reporting the scam to Starkwoodpro, a top cybersecurity/recovery service, a lot of progress has been made and she has been able to get most of her funds back. She highlighted that the recovery expert assigned to her was very professional and made the whole process smooth and seamless without any hassles.
‘I had already given up and thought there was no chance to get my money back from these ruthless scammers. I am still in awe and so much appreciate Starkwoodpro. I can only recommend them for a job well done’, she said.
Francisco Campoverde
Cryptominer Solutions
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