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That new X cryptocurrency? It’s a scam.

In the dynamic landscape of online scams, our Avast team has identified a new and bold scam, using the likeness of Elon Musk. This quarter, we uncovered advertisements featuring Musk to promote a supposed new cryptocurrency. The irony is striking – these ads were paid for and displayed on a platform owned by Musk himself, creating a deceptive endorsement loop. 

*** This is a Security Bloggers Network syndicated blog from blog.avast.com EN authored by Avast Blog. Read the original post at: https://blog.avast.com/x-cryptocurrency-scam