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Author: Admin | 2025-04-27
What is "BITCOIN DONATE"?"BITCOIN DONATE" is a scam promoted on various deceptive websites. It claims that users will receive cryptocurrency for participating in the "MUTUAL ASSISTANCE FUND"/ "Bitcoin Help" project. Supposedly, users will receive donations from other participants, but they will also have to transfer 0.001 BTC (Bitcoin cryptocurrency) to other participating users. However, victims of this scheme will not receive any Bitcoins and only lose what they "donate".This scheme is presented as a project founded by Elon Musk; it must be emphasized that the entrepreneur and business magnate in question - is in no way associated with the scam."BITCOIN DONATE" has been observed being pushed through spam emails, yet it may have also been accessed via mistyped URLs, or redirects caused by rogue sites, intrusive ads, or installed PUAs (Potentially Unwanted Applications)."BITCOIN DONATE" scam in detailAt the time of research, the "BITCOIN DONATE" scam was promoted through deceptive emails. The letters themselves do not contain elaborate text pushing the scheme; some are even blank. The spam emails contain an HTML file that redirects to the initial scam page (image below).This website states that it is the page of a "Mutual aid fund" founded by Elon Musk. Users who participate in it will allegedly receive from 0.001 to 0.055 BTC. Through this webpage - users access a different site that runs the "BITCOIN DONATE" scam.The website requests users to provide their name, cryptowallet address, and photo (optional) - so that they could receive donations (0.001 BTC each) from the first 25-100 participants of the project. Once these instructions are completed, the scam redirects through several pages, each representing a participant who has donated to the user's digital wallet.After the maximum number of donations is reached, users are asked to donate 0.001 BTC to another user. However, all of the donations
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