Online scams through fake Elon Musk accounts have stolen over $2 million in cryptocurrency since October

Several accounts impersonating Elon Musk on social media have managed to scam people out of their cryptocurrency holdings in the recent past.

Just scrolling through Twitter one fine morning, I observed one of my tweets had received a like by none other than Elon Musk. Or so it seemed, as this was just an account of a friend who was taken over by scammers to propel their cryptocurrency scams. Thankfully, the friend was able to recover the account and delete the posts soon after. So why did the scammers change the account details? Impersonating noted figures online has often been a way to dupe people into tricks. Since the account closely resembled that of Elon Musk after the hack, there was a chance that people visiting it online would have fallen for the deception. A recent report reveals that Tesla and SpaceX CEO Elon Musk is one of the most impersonated celebrities in these regards in recent times.