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CZ receives fake ‘Grok’ coins amid new wave of Elon Musk scam tokens

cryptoweekly by cryptoweekly
April 21, 2025
in bitcoin, News
0

Changpeng Zhao’s address received 90 million fake Grok tokens as Elon Musk-impersonating scams and phishing attacks see a resurgence.

Scammers are once again capitalizing on the popularity of Elon Musk’s artificial intelligence chatbot Grok, with fake tokens again emerging as part of potential phishing attacks.

A wallet linked to former Binance CEO Changpeng “CZ” Zhao received 90 million fake Grok (GROK) tokens on April 21, according to blockchain security firm PeckShield.

The tokens are “likely a scam,” since the “deployer distributed it to multiple addresses via multisend,” PeckShield said.

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Recent Posts
  • Flare Network bridges XRP to DeFi to unlock dormant liquidity
  • Ubyx raises $10M to standardize stablecoin redemption and drive adoption
  • Arthur Hayes doesn’t care when his Bitcoin predictions are totally wrong
  • OKX arrives in Germany and Poland markets as a regulated crypto exchange
  • Gemini accuses CFTC enforcers of ‘trophy-hunting lawfare’ in 2022
  • Thailand approves five-year crypto tax exemption
  • RWA backing: How do issuers ensure 1:1 peg with tokenized assets?

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