TIKTOK users have been warned about cryptocurrency scams that are pretending to be affiliated with Elon Musk and his companies. China-based social media platform TikTok is being flooded with fake cryptocurrency giveaway scams. GettyTikTok users have been warned about cryptocurrency scams[/caption] HOW DO THESE SCAMS WORK? Crypto giveaway scams comprise criminals pretending to give away prizes to participating users as a way to steal their funds. They do this by asking victims to provide their personal information or even send money in cryptocurrency in order to participate in the “giveaway.” Cybercriminals will often create a site or social media page to make their scam
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