Giveaway Scam Promising Users to Double Their BTC


Fake cryptocurrency giveaway scams continue to pop up frequently, and the latest victim is the oldest bitcoin educational resource – BitcoinOrg. As of now, though, the website has been taken down, and the pseudonymous developer operating it has blamed it on Cloudflare.

Earlier on September 23rd, users on Twitter outlined that the BitcoinOrg website has an untypical and concerning message on its homepage. It urged visitors to send a certain amount of the primary cryptocurrency and to double their investment.
Needless to say, this was most surely another scam, which the community has already grown accustomed to. History shows countless such fraudulent activities that involved some of the most well-known names in and outside the space.
Perhaps the most blatant recent one was against Twitter, where the accounts of names like Joe Biden, Barack Obama, Jeff Bezos, and more were hacked to promote similar scams that promised people to double their bitcoins.
Despite sounding too good to be true, such frauds still manage to dupe funds from victims, which makes them especially dangerous.
As of now, BitcoinOrg has been taken down as it shows a 404 Not Found error. The developer behind the website, going by the Twitter handle Cobra, hinted that this security issue might be an issue with the new website security company as BitcoinOrg “hasn’t been hacked, ever” before it moved to Cloudflare.

Interestingly, the CEO of Cloudflare, Matthew Prince, told CNBC earlier this month that cryptocurrency-related websites have become a popular target for cybercriminals.

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