Recently, scammers have been using a fake Polkadot airdrop on Twitter to deceive people. They’ve purchased ad space to target users and offered three million Polkadot tokens. The message reads, “Polka $DOT Airdrop is live! In total we are distributing 3 million $DOT. Everyone has a chance to claim some.” The worth of this distribution would be $16.89 million at $5.63 per token. It’s a trap, so do not fall for it and protect your wallet from these scammers.
The scam post went on to redirect users to a website, which claimed to be Polkadot’s website but was actually a fake one created by the scammers. The website looked crude and lacked important features like clickable header sections, making it easy to spot as a fake website.
Be cautious when prompted to connect your crypto wallet to a website, especially if it’s related to a crypto scam. Scammers have been targeting crypto users on Twitter with fake ads and promotions, especially since Elon Musk took over the platform.
Recently, scammers circulated a fake Polkadot airdrop on Twitter, redirecting users to a fake website that resembled Polkadot’s website. The website prompted users to connect their crypto wallet, which would then be drained of all funds. The website also invited users to join the real Polkadot Discord server.
Since Elon Musk took control of Twitter, the platform has struggled to remove fraudulent ads and scams, making it more attractive to scammers. In July 2022, a scammer even hacked a Twitter account belonging to a UK Cabinet Minister to promote his own crypto scam, featuring deepfakes of Elon Musk and Block CEO Jack Dorsey.
It’s crucial to be vigilant against these scams as they harm the credibility of the crypto industry and its user adoption. Even the most sophisticated actors can fall prey to these scams, such as Moonbirds co-creator, who lost $1.1 million in NFTs in a phishing scam. Twitter’s security issues are also mounting, with a hacker leaking emails of 235 million Twitter users in January.