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Social Media Scams

$20,000 Lost to Scam on https://powezex.com Through Fake Bitcoin Giveaway Scheme

Christian

    Advertisements are circulated on social media platforms such as TikTok, featuring manipulated videos of Warren Buffett and other notable figures to suggest a Bitcoin giveaway promotion. These entities refuse to refund any cryptocurrency sent to their exchange. To qualify for the promotional reward, they require participants to transfer a specific amount of Bitcoin and match this amount with their cold storage wallet. Upon gaining access to individuals’ wallets, they proceed to deplete any available funds.

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