Pakistani Politician Imran Khan’s Instagram Account Used To Promote Crypto Giveaway Scam – Featured Bitcoin News

Pakistani Politician Imran Khan’s Instagram Account Used To Promote Crypto Giveaway Scam – Featured Bitcoin News
Pakistani Politician Imran Khan’s Instagram Account Used To Promote Crypto Giveaway Scam – Featured Bitcoin News

Imran Khan, a former prime minister of Pakistan and current chairman of one of the country’s largest political parties, has confirmed that his Instagram account was compromised and hackers used it to promote a cryptocurrency scam.

Imran Khan’s Instagram account hacked, used to promote crypto scam

Imran Khan, a former Pakistani prime minister and current chairman of the Pakistan Tehreek-e-Insaf (PTI), one of the largest political parties in the country, reportedly confirmed that his Instagram account was hacked on Monday.

He told the Dawn publication that his account was soon restored with the help of Meta, the owner of Facebook and Instagram. He explained that he himself monitors the account, which has 7.4 million followers, and noted that the hackers posted a cryptocurrency link and a screenshot of a tweet from Tesla CEO Elon Musk to the account.

The cryptocurrency link posted on the politician’s account leads to a crypto giveaway site featuring Musk and his company Spacex. Scammers claim to be giving away bitcoin (BTC), ether (ETH), dogecoin (DOGE) and litecoin (LTC).

Crypto giveaway site linked by Imran Khan’s Instagram account.

Cryptocurrency giveaway scams are very common on popular social media platforms including Youtube and Twitter. Many of them have famous people and companies, such as Musk, Tesla, Spacex, Apple, Tim cook, Steve Wozniak, Warren Buffett and Bill Gates. Sometimes they feature executives from crypto companies, including Coinbase CEO Brian Armstrong.

In July 2020, Wozniak sued Youtube and Google for promoting bitcoin giveaway scams using his image and name. However, he subsequently lost the lawsuit. “Youtube and its parent, Google LLC, are protected by the federal law that protects internet platforms from liability for content posted by users,” the judge ruled in the case.

See also  Crypto: Mark Cuban worries about the merger and metaverse real estate

In July, the British Army’s official YouTube and Twitter accounts were compromised, and hackers similarly used them to promote their crypto scam.

In an effort to combat fraud, several crypto firms, including Binance and Circle, launched a crypto-fraud reporting platform in May to allow “everyone in the crypto-economy to alert others to scams, hacks or other fraudulent activity when they encounter it.”

Tags in this story

bitcoin giveaway scam, crypto giveaway scam, fake bitcoin giveaway, former prime minister of Pakistan, Imran Khan, Imran Khan bitcoin, Imran Khan crypto, Imran Khan cryptocurrency, pakistan, Pakistan politician, Pakistan pti

What do you think about Imran Khan’s Instagram account being used to promote a crypto scam? Let us know in the comments section below.

Kevin Helms

A student of Austrian economics, Kevin found Bitcoin in 2011 and has been an evangelist ever since. His interests lie in Bitcoin security, open source systems, network effects and the intersection of finance and cryptography.

Image credit: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or an endorsement or recommendation of products, services or companies. Bitcoin.com does not provide investment, tax, legal or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on content, goods or services mentioned in this article.

Leave a Reply

Your email address will not be published.