Cardano Warns Crypto Community Against Fake ADA Giveaway Scams on YouTube
Cardano Warns Crypto Community Against Fake ADA Giveaway Scams on YouTube
July 13, 2020
Cardano Warns Crypto Community Against Fake ADA Giveaway Scams on YouTube
Cardano Warns Crypto Community Against Fake ADA Giveaway Scams on YouTube
July 13, 2020

Cardano warns the crypto community against scams promoting a fake Cardano (ADA) giveaway on YouTube.

Founder of Cardano, Charles Hoskinson tweets:

Hoskinson said that a Youtube account using a keynote he previously made has been used in promoting the fake giveaway.

Recently, ADA’s price went up more than 85% in less than two weeks from $0.074 to $0.137.

Cardano is also in the process of upgrading its ecosystem to the “Shelley” upgrade.

With the upgrade Cardano will move from a centralized network to a distributed one. 

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Hoskinson’s tweet did make YouTube delete the video, however, Hoskinson retweeted some of the comments from the crypto community highlighting that scams are also being promoted in Youtube ads.


Source: Cointelegraph | Image: Unsplash

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Jafrin Ahmed

Crypto newbie passionate about creating resourceful content on blockchain technology, cryptocurrencies and decentralized apps.
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