World-renowned metal band Metallica warned fans of crypto gift scams ahead of the launch of their new album “72 Seasons”.
Along with rumors of Metallica’s new album release and upcoming tour, the scammers have taken to metal music fans this time by posing on social media. However, Metallica quickly realized the situation and warned fans to stay away from such scams by referring to the crypto gift scam.
“Let’s be as clear as possible. [Metallica crypto giveaways] are scams.”
Recently, Cointelegraph reported that scams have started to increase on the video sharing platform YouTube, unfortunately. According to blockchain security firm Certik, scams occurring on YouTube alone have increased by 500 percent.
Metallica also warned fans to limit their interactions on social media to verified accounts.
— Metallica (@Metallica) December 6, 2022
However, Metallica’s warning was intended not to harm non-crypto fans rather than fans with experience in the crypto market.
The legendary metal band also re-shared their official social media accounts to prevent fans from getting scammed.
As it is known, crypto scammers, targeting investors in the crypto market, published a fake video by editing the voice and image of Sam Bankman-Fried, the former CEO of the FTX exchange.
Over the weekend, a verified account posing as FTX founder SBF posted dozens of copies of this deepfake video offering FTX users “compensation for the loss” in a phishing scam designed to drain their crypto wallets pic.twitter.com/3KoAPRJsya
— Jason Koebler (@jason_koebler) November 21, 2022