How Facebook got fooled by a fake profile of Elon Musk
Elon Musk is not on Facebook. In fact, itâs quite evident by his tweets that he doesnât like Facebook. Yet, somehow Facebook still managed to verify a scam page thinking that it belongs to the Tesla CEO. According to a report by The Verge, a fan page belonging to Elon Musk was mistakenly assumed by Facebook that it belonged to the Tesla CEO. Whatâs worse, as per the report, that the page was managed by a Bitcoin scammer.
How Facebook managed to verify it or not see that it didnât belong to Musk is rather unbelievable. For starters, the page makes it very veer in the About section that it doesnât belong to Musk. In the About section, the page clearly states, âThis is a fanpage, uploading tweets etc from him.â
Further, in the Page Transparency section, it says that the page is managed by people who are âbased in Egyptâ, where Musk doesnât live.
The fan page, in fact, wasnât even created for Musk, as per the report by The Verge. It started in July 2019, under the name, Kizito Gavin. Since then the page changed its name six times, twice to Elon Musk and that too on October 17. Yet, the page was
officially verified as Elon Muskâs.
Musk has made it publicly known that he is not on Facebook. In 2018, he officially deleted his account âItâs not a political
statement and I didnât do this because someone dared me to do it. Just donât like Facebook. Gives me the willies. Sorry.â Musk has also deleted Facebook pages of Tesla and SpaceX â his two high-profile companies â as well. Last year, he also tweeted, âFacebook sucksâ.
At the same time, because Facebook verified a Bitcoin scammer pretending to be Elon Musk, folks all over the world has been scammed by scammer as follow:-
New Squid Game Cryptocurrency Revealed To Be A Scam As Investors Lose Millions
Investors looking to make money from a Squid Game cryptocurrency have had their hopes crushed as scammers initiated a so-called ârug pullâ on the project.
Inspired by the hit Netflix series, the SQUID token arrived on the cryptocurrency market last week and quickly soared in value, increasing by almost 25,000% in less than a week.
The emergence of the crypto came with a number of red flags, including a number of spelling and grammar errors on its website and a Telegram channel and Twitter account which limited comments and responses.
The most concerning element of the crypto was highlighted by Gizmodo, which pointed out that no one who purchased the coin was able to sell it, meaning it would have been impossible for them to make money from it.
Unfortunately, the crypto still managed to dupe investors, and SQUID peaked at a price of $2,861 before suddenly plummeting to $0 at approximately 5.00am ET today, November 1, according to the website CoinMarketCap.
Dubbed a ârug pullâ by investors, the drop indicates the scammers responsible for the currency cashed out their coins in exchange for real money, thus draining the liquidity pool from the exchange.
Through the scheme, the anonymous creators of SQUID managed to make off with an estimated $2.1 million. The sudden move was accompanied by the removal of the SQUID website, hosted at SquidGame.cash, and all associated social media pages.
Gizmodo has noted it is incredibly difficult to identify scammers in cryptocurrency, but advised those looking to invest to figure out if it is possible to sell the coins theyâre looking to buy. If the crypto cannot be sold, the price of it becomes irrelevant.
The collapse of SQUID comes after Twitter flagged the cryptocurrencyâs account as suspicious and restricted access to the page.
When it first emerged, the SQUID cryptocurrency was marketed as a play-to-earn token which gave investors the opportunity to win prize money through six online games, drawing inspiration from the Netflix show in which contestants took on a series of challenges in a bid to win life-changing amounts of money.
Investors were told âthe more people join, the larger reward pool will be (sic)â, and that developers would take 10% of the entry fees, while 90% of the fees would go to the winner of the games.
All we can say is lookout for Elon Musk as well. Here is one clue — Why would bond of a $1,000 stock TSLA rated as “Junk”?
Well, there’s a sucker born every minute.