Videos of a MrBeast Bitcoin giveaway have been making their way online. As a result, fans have been anxiously wondering whether they are real or simply a scam designed to trapped unassuming people and drain them of their funds. Given how there has been a tremendous rise in scammers and fake giveaways over the years, fans’ concerns are not unfounded.
So, is the MrBeast Bitcoin giveaway real or a scam? Here is everything you need to know on this alarming situation.
Is the MrBeast Bitcoin giveaway real or a scam?
The MrBeast Bitcoin giveaway is a scam.
Scammers deceive people via AI-generated deepfake videos of MrBeast, promising people a free £8000 Bitcoin giveaway. Such clips can push them into a trap designed to drain them of their funds.
As stated by CityA.M., Norton has warned TikTokers of these scams. They have also revealed that the scam sign-up pages could lead to users entering harmful sites.
MrBeast Bitcoin video scams explained
TikTokers will come across a deepfake video of a celebrity, whether it be MrBeast or Elon Musk. It promises a giveaway of £8000 in Bitcoin and that all users need to do is simply register. After signing up and entering the promo code, unsuspecting users are redirected to another website. Next, they witness the promised money seemingly entering the account, fooling them into believing it is real.
However, the unsuspecting users then face an immediate roadblock. To actually withdraw the promised money, they will need to make a deposit of a significant amount of money, typically hundreds of pounds. This is simply a bait and when users take it, they will not only lose the money deposited but will also not receive the £8000 promised.
To be safe from this scam and other similar scams, be vigilant and report what appears too good to be true, especially when free money is suspiciously promised. Moreover, make use of security software and tools to help protect yourself from harmful scams.