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Cryptocurrency

Bitcoin Scam: Fake Elon Musk Website Dupes Users

Bitcoin Scam: Fake Elon Musk Website Dupes Users

  • In of the latest Bitcoin scam techniques, a fake website Elon Musk’s satellite internet company has scammed some unsuspecting users
  • The site fools users into thinking there are subscribing to Starlink’s internet service at half the price
  • Users who end up paying for the service in cryptocurrency lose their money

In one of the newest forms of Bitcoin scams around, a website has scammed users by pretending to offer internet services from Elon Musk SpaceX company.

Bitcoin Scam

The scammers created a website that mimicked the Starlink website by SpaceX.

The website which is still live is offering the Starlink hardware and monthly subscription for half the price.

The catch is that users have to pay for the product and subscription in Bitcoin.

The scam that targets users in Iran is one of the many Bitcoin ruses that we’ve since the rise of the crypto market last year.

Read also: South African Brothers Vanish With $3.6 Billion in World’s Largest Cryptocurrency Scam

Many users have fallen for the scam even though Starlink has not extended its service to Iran yet.

In countries where Starlink internet service is available, the hardware is on sale for $499, while the subscription costs $99 monthly.

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