Fraudsters taking advantage of the legitimate ‘free money’ campaigns for the Cash App peer-to-peer payment service target users Twitter, Instagram, and YouTube with fake promises of financial gains. The scams are simple yet effective, tricking Cash App users into willingly sending small amounts of money with a pledge of returning sums sometimes even ten times higher. The scammer only asks for a cut for their services. Other methods to monetize from Cash App’s popularity exist exist, including Dosh Cash and Waldo, which give $5 per referral.
Source: https://www.bleepingcomputer.com/news/security/cash-app-scammers-deal-their-cons-on-twitter-instagram-youtube/