Twitter scammers are jumping on Elon Musk’s hosting of Saturday Night Live to push cryptocurrency scams to steal people’s Bitcoin, Ethereum, and Dogecoin.

For the past year, we have been reporting how 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.

A more recent tactic has been to hack abandoned verified Twitter accounts to promote these scams to a larger base of followers.

These tactics have been immensely successful for the scammers as they have stolen cryptocurrency worth over a million dollars from unsuspecting users.

Using SNL as part of their scam

With Elon Musk hosting tonight’s Saturday Night Live episode, the Twitter scammers have been hacking into verified Twitter accounts and changing their profiles to impersonate SNL.

Hacked site impersonating SNL
Hacked site impersonating SNL

The scammers use these hacked accounts to reply to tweets by Elon Musk where they pretend to be SNL promoting a cryptocurrency giveaway scam.

A tweet promoting a fake Elon Musk giveaway
A tweet promoting a fake Elon Musk giveaway

When visiting these links, users will find themselves at a fake Medium post pretending to be a 5,000 BTC giveaway by Elon Musk. 

Fake Tesla cryptocurrency giveaway site
Fake Tesla cryptocurrency giveaway site

These posts contain further links to Bitcoin, Ethereum, and Dogecoin giveaway pages where people can allegedly receive ten times the amount they send to a particular cryptocurrency address, as shown below.

Fake Tesla Bitcoin giveaway page
Fake Tesla Bitcoin…

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