As many more users are flocking to BlueSky from social media platforms like X/Twitter, so are threat actors.
BleepingComputer has spotted cryptocurrency scams popping up on BlueSky just as the decentralized microblogging service surpassed 20 million users this week.
It didn’t take long
Over the past few years, X/Twitter has become the hotbed of scammers from those targeting banking customers to ones impersonating high-profile accounts to push posts promoting fake crypto giveaways, websites that utilize wallet drainers, and Discord channels promoting pump-and-dumps.
As BlueSky nears a 21 million strong userbase, BleepingComputer has observed threat actors are starting to get their foot in too, and push their agenda.
A BlueSky post from last week featured an AI-generated image of Mark Zuckerberg and promoted crypto assets like “MetaChain” and “MetaCoin.”
As evident from the messaging and graphics, the post misleads viewers into associating the advertised products with tech giant Meta and its concept “Metaverse“.

The MetaChain[.]cash website mentioned in the post also appears to carefully impersonate Meta branding, typeface, and messaging:

Another post titled “You’ve won FREE Satoshi Bitcoin of $900k” was seen leading users to a GitHub Pages website, cryptos-satoshi.github[.]io which is no longer accessible.
Reacting to the “block chain” scam, BlueSky user @krankenpflegel.de remarked “Och nö. Jetzt auch hier,” meaning “Oh no. Now here too.”

BleepingComputer discovered similar crypto “airdrop” posts that drive traffic to a domain previously classified as “a fraudulent cryptocurrency trading platform being promoted through an elaborate scam on social media platforms.”
One such post is shown below. It reuses video snippets from hit TV shows like Last Week Tonight With John Oliver and abuses hashtags, #musk #tesla #blockchain to boost engagement.

We also stumbled upon fraudulent schemes claiming to hand members “over $68,659.80 In FREE Bitcoin & Ethereum” with zero trading requirements, “100% risk-free.”
BlueSky slammed with 3,000 reports an hour
BlueSky safety team confirmed that over the past week alone the platform had grown by more than three million people.
“In the past 24 hours, we have…
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