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Social media platforms have become breeding grounds for cryptocurrency scams, with scammers creating fake accounts that closely mimic well-known exchanges or celebrities. Below is a reminder from the real Vitalik Buterin, warning users about the thousands of fake profiles out there pretending to be him.

These malicious parties try to dupe and scam users by mimicking or spoofing well-known accounts. Here are some steps to protect yourself from social media account spoofing.

  • Check for verification signs: Look for blue check marks or verification symbols on profiles. However, be aware that these can be faked or bought. 

  • Check the handle: The handles are usually a giveaway for fake profiles. Savvy scammers will try to keep the names as similar to the original ones as possible. For example, “@Vita1ikButerin” instead of “@VitalikButerin”.

  • Scroll: Scroll through the profile and try to see some historical posts. This should give you an idea about the profile’s authenticity.

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