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HomeLaw & PoliticsElon Musk Trolls Crypto Scammers With Viral Meme Warning Against Online Grift

Elon Musk Trolls Crypto Scammers With Viral Meme Warning Against Online Grift

Billionaire tech mogul Elon Musk took aim at cryptocurrency scammers on Tuesday with a meme that quickly went viral, racking up nearly 13 million views within hours of being posted on X (formerly Twitter). The image depicted the Greek god Poseidon rising from stormy seas, accompanied by a made-up quote: “There’s an old saying — If a hot girl texts you about crypto, block him.”

While the quote was clearly fabricated for comedic effect, the post was widely interpreted as a jab at the growing wave of online crypto scams. These often involve fake profiles—frequently posing as attractive women—luring victims into fraudulent investments or phishing schemes.

Musk’s post, part satire and part public service announcement, comes as crypto markets remain under scrutiny following a series of high-profile hacks and platform failures. It highlights the persistent risks of social engineering tactics in the digital asset space, where billions have been lost to deception.

The timing of the post is notable. In February, crypto exchange Bybit suffered a devastating breach, losing over $1.5 billion in Ethereum in what is now the largest hack in the industry’s history. The attack, linked to North Korea’s Lazarus Group, used sophisticated methods to bypass security systems.

Musk, who has influenced crypto prices through his endorsements of Bitcoin and Dogecoin, has often straddled the line between supporter and skeptic. He’s praised blockchain technology while warning against the market’s more reckless behavior, such as pump-and-dump schemes and speculative mania.

Despite scandals and collapsing firms like FTX, the crypto sector continues to draw institutional interest. Regulated platforms and big financial players are increasingly entering the space, bringing a measure of credibility to an industry still recovering from trust issues.

Musk’s meme, while humorous, underscores a broader message: be vigilant online. As crypto continues to blend mainstream adoption with high risk, his voice—often wrapped in sarcasm—remains a powerful one in shaping public discourse on digital finance.

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