Vote for Cryptopolitan on Binance Square Creator Awards 2024. Click here to support our content!

Facebook is now littered with scam Libra pages

Libra scam on FacebookLibra scam on Facebook
20901

Contents

Share link:

In this post:

The Washington Post has been fast at work trying to identify fraudulent pages on Facebook trying to impersonate actual Libra hubs.

Several pages have already been reported to Facebook and promptly banned. All of the fraudsters were using things such as Facebook’s Logo, Libracoin’s design, Zuckerberg’s face and etc, ultimately culminating in a “somewhat believable” case.

Those who fell for it probably couldn’t fathom Facebook leaving its own product on its own platform unprotected from tricksters, but many were wrong.

It seems that Facebook’s team is much more focused on the dozens of complaints they are receiving from government officials all over the world and couldn’t notice so many fraudulent pages popping up all over the website.

Most pages would use Libra’s or Facebook’s name and redirect victims to a third-party website where they’d offer Libra tokens at a discount. Naturally, there’s no such thing as a Libra token at a discount and all of the funds spent would simply disappear never to be found again.

Read Also  Alleged $15.4M scam by Hounax sends Hong Kong authorities scrambling

It’s understandable that people would fall for this trick on Facebook itself, but still, much like Twitter or any other legitimate social media, Facebook also has methods of identifying trustworthy large corporations, and it’s called a verification mark.

It’s the small blue checkpoint that’s seen on celebrities’ and companies’ accounts. A Libra page not having it should have been a dead giveaway.

No matter what type of discount one may offer investors on Libra, it needs to be considered that the coin isn’t even out yet.

From Zero to Web3 Pro: Your 90-Day Career Launch Plan

Share link:

Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

Editor's choice

Loading Editor's Choice articles...

Stay on top of crypto news, get daily updates in your inbox

Most read

Loading Most Read articles...
Subscribe to CryptoPolitan