Crypto giveaway scams: "send 1, get 2 back" never works
Fake celebrity giveaways steal millions every year. Why they work and how to recognise them.
"Send 0.1 BTC and receive 0.2 BTC back!" — often with a deepfake video of a famous founder.
How the scam works
- A hijacked or fake account promotes a "giveaway".
- A website shows fake transaction lists of people who "already received" double.
- You send crypto. Nothing comes back. Transactions cannot be reversed.
Red flags
- Any promise to multiply what you send
- Countdown timers and "limited slots"
- Brand-new domains with celebrity names
- Wallet addresses instead of a real company
The rule
No legitimate company or person gives away crypto in exchange for a deposit. Ever.
websurely.com detects crypto-doubling language and scores such pages as high risk.
This article is general information, not legal or financial advice. If you have been scammed, contact your bank or payment provider immediately and report it to the police.