Twitter scammers are using Elon Musk’s hosting of Saturday Night Live to push cryptocurrency scams to steal Bitcoin, Ethereum, and Dogecoin. Scammers have been raking in hundreds of thousands of dollars by promoting fake giveaway scams from well-known people or companies, such as Elon Musk, Tesla, and Gemini Exchange. These tactics have been immensely successful for the scammers as they have stolen cryptocurrency worth over a million dollars from unsuspecting users. The scammers use these hacked accounts to reply to tweets by Musk where they pretend to be SNL promoting a cryptocurrency giveaway scam.
Source: https://www.bleepingcomputer.com/news/security/twitter-scammers-impersonate-snl-in-elon-musk-cryptocurrency-scams/

