Urgent warning over dangerous AI Elon Musk video spreading on TikTok – a simple click sends your money to criminals

TIKTOK users have been warned about cryptocurrency scams claiming to be linked to Elon Musk and his companies.

China-based social media platform TikTok is inundated with scams involving fake cryptocurrency giveaways.

How do these scams work?

In crypto giveaway scams, criminals pretend to give away prizes to participating users in order to steal their money.

They do this by asking victims to provide their personal information or even send money in cryptocurrency to participate in the “raffle.”

Cybercriminals often create a website or social media page to make their scam appear more legitimate.

The sites are often affiliated with a major technology company – in this case, Elon Musk’s companies.

Additionally, the Musk scams plaguing TikTok are deepfake technology videos of the billionaire promoting the giveaways.

To participate in the scams, users are asked to register on the site and enter a promo code that appears in the TikTok video.

Once they have done this, it looks on the website as if they have been awarded a large amount of cryptocurrency.

However, to withdraw the cryptocurrency, users must make a deposit.

Once they do this, the scammers steal your deposit and disappear for good.

Users are advised to stay away from websites that ask them to “donate” cryptocurrency funds in order to receive a prize.

Don’t click on links in emails or social media messages from people you don’t know.

Additionally, only enter your personal information on websites you trust.

Never send cryptocurrencies or money to someone you don’t know and trust.

As always, keep your software up to date, including your web browser and antivirus software.