The ‘Nigerian prince’ fraud, which is a legend for Internet users, is back on Twitter.

Cigarette cheaters are now demanding the donation of a few hundred dollars worth of crypto money in exchange for thousands of dollars worth of Bitcoins by opening up their famous accounts. There is no equivalent to the famous ‘Nigerian prince‘ at times when fraud is common via email. For those who do not know, a person introducing himself as a Nigerian prince has defrauded hundreds of people by promising to transfer his fortune via e-mail.

According to the story, the prince is imprisoned but he can not leave because he has no cash. The prince sends a small amount of money to himself, guaranteeing that he will make a lump sum payment after he leaves the insides. Many people have lost hundreds and millions of dollars in general, relying on fake princes. Now, with the development of communication technologies and the growing awareness of e-mail fraud, fraudsters seem to have sought to find new ways.

This new trend emerged on February 1, using people who are interested in crypto money, which has risen to the end of 2017, and who have invested in this area but have limited knowledge. The new form of fraud is on the demand for a 0.02 bitcoin donation from people, opening up accounts of famous and relatively credible technology entities such as a fake Elon Musk or John McAfee. On the other hand, they promise to send money as much as 20 Bitcoins.

In a sample of Wired, a swindler cheated Twitter users up to .184 bitcoins in a few hours. Research conducted by the Dallas Hackers’ Association shows that the value of Bitcoin has fallen as the reason for the emergence of this type of fraud. Accordingly, many people who invested in Bitcoin could not reach the desired goal and began to concentrate on such ‘opportunities’. Twitter is about to take a step on these types of fake accounts.


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