Security News > 2021 > May > Twitter scammers impersonate SNL in Elon Musk cryptocurrency scams
Twitter scammers are jumping on Elon Musk's hosting of Saturday Night Live to push cryptocurrency scams to steal people's Bitcoin, Ethereum, and Dogecoin.
For the past year, we have been reporting how scammers have been raking in hundreds of thousands of dollars by promoting fake giveaway scams from well-known people or companies, such as Elon Musk, Tesla, and Gemini Exchange.
These tactics have been immensely successful for the scammers as they have stolen cryptocurrency worth over a million dollars from unsuspecting users.
With Elon Musk hosting tonight's Saturday Night Live episode, the Twitter scammers have been hacking into verified Twitter accounts and changing their profiles to impersonate SNL. The scammers use these hacked accounts to reply to tweets by Elon Musk where they pretend to be SNL promoting a cryptocurrency giveaway scam.
While you may be wondering how anyone could fall for these scams these fake giveaways have been highly successful for the scammers.
BleepingComputer gathered these cryptocurrency addresses from just two different scam sites, and as the scammers utilize numerous giveaway sites, the scammers likely made much more this week.