Fake ether token giveaways are clogging Twitter threads, and seemingly by the second. Targeting well-known ecosystem figures, doppelganger accounts are created, complete with matching avatars. A particularly active post can almost assuredly be counted on to receive seemingly organic calls for participation in free crypto programs hosted by the respective personality. And now they’re incorporating Google+ redirects. And it’s working. And Twitter seems to be either doing nothing about it or is just plain impotent.
Twitter Crypto Celebs Hounded by Fake Giveaways
Ari Paul, investor guru from Blocktower hedge fund fame, was on another multiple tweet philosophical lecture, spaced out and numbered. The topic was a meditation on over the counter and regular exchanges’ impacts on price. It proved so interesting, no personage less than Laura Shin, Forbes journalist, popular podcast host, and ecosystem gadfly attempted a read. She soon came up against what more and more Twitter users are facing: fairly elaborate ether (ETH) come-ons, fake giveaways using mirror’d accounts.
Ms. Shin’s trademark Valley Girl patois could almost be heard echoing through her corresponding response tweets of disgust and alarm: “Ari wrote an interesting thread, but FYI, @twitter and @jack, my experience reading it was marred by all the spam accounts touting free ETH that made it harder for me to find the real discussion.”
Just a few clicks later, and she discovered another awful truth: she’d been personally compromised. Someone with the account @XaedenJ was using Ms. Shin’s professional reputation and likeness to tacitly approve a 10,000 Ethereum giveaway, and it directs readers to a website asking for payment. The scam even went so far as to create a thread conversation about the giveaway, in effect dialoguing with itself. “If you’re late for this event,” the fake Laura Shin posted below the landing page advert in the thread, “you’ll get your investment back at once!”
A little more digging, and she found the offending scam post garnered a quick 28 likes, which were probably from bots designed for the very purpose. These could seem rather enticing to cryptocurrency noobs, and thus the problem. In utter exasperation, Ms. Shin, the real Ms. Shin, tweeted, “Someone please create a better Twitter. This is ridiculous.” At press time, the offending address, @XaedenJ, was scrubbed by Twitter, taken down permanently, and way too late.
Over 4,000 ETH Scams Logged, Hundreds Ongoing
Ms. Shin’s platform, her access to movers and shakers within the industry, made it easy for Twitter to recognize the problem and take immediate-ish action. But, again, it was too late. It went out there, and no doubt some were probably lured. It, of course, isn’t just Ms. Shin who is being hounded…