100,000,000 ADA Giveaway SCAM ALERT - BEWARE
the #ADA, #Cardano giveaway scam is a form of social engineering in which a scammer attempts to deceive a #cryptocurrency investor into believing that Charles Hoskinson is hosting a 100,000,000 ADA giveaway. The catch here is that in order to participate in the giveaway, you must first send a certain amount of cryptocurrency to a #giveawayaddress so that you can verify your wallet address and receive your share of the giveaway. However, because cryptocurrency transactions are irreversible, once a #victim sends money to the scammer’s address, there is nothing anyone can do to get it back and the #scammer has made a profit. Protecting your investment and fellow investors. Now that you’ve learned about the latest techniques being used by giveaway scammers, there are two simple rules that we’d like you to remember that should help you avoid scams like these in the future:
1.If it sounds too good to be true, it almost certainly is.
2. Think twice before sending your funds. All cryptocurrency transactions are irreversible and you will not be able to get your money back.
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