Elon Musk impersonators stole more than $2 million in cryptocurrency: FTC Report
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Over the last six months, consumers have lost over $2 million in cryptocurrency to scammers impersonating Elon Musk, according to the Federal Trade Commission (FTC). For years, scammers have posed as Musk to fraud social media users out of cryptocurrency, The Verge reported. Pretending to be Musk, the scammers will ask victims to send currency to a specific wallet address in exchange for receiving a larger payment.