What is Gexusx.com?
Gexusx.com pretends to be a legitimate site, but it is actually a scam that tricked people into sending Bitcoin. Scammers using fake videos of celebrities including Cristiano Ronaldo Bill Gates Drake Bill Gates Bill Gates.
These videos can be found on platforms like Facebook, TikTok (a social video app), and YouTube. They feature “celebrities”, promoting fake Bitcoins.
The scam itself is very simple. People are asked to pay a small amount in Bitcoin to be able to take part in the giveaway.
Once the scammers have received the money, they vanish and the victims lose the funds.
The GEXUSX Bitcoin Promocode scam
GEXUSX.com – the latest fake crypto trading platform – is being promoted through a social media scam featuring celebrities. Fraudsters will use deepfake and voice-dubbed videos to fool fans into depositing Bitcoin.
Scammers spread deceptive videos via Facebook, TikTok & YouTube. In these videos, deepfaked celebs describe a Bitcoin giveaway in collaboration GEXUSX.com.
To claim the free Bitcoin, they provide viewers with detailed instructions. They can sign up for a site using a promo code like “CR7” and “Tiktok11”, then enter that code to activate their account.
The dashboard on GEXUSX is updated with a balance of approximately 0.31 BTC after the victim enters these codes. If they try to withdraw these funds, an error message says that the minimum deposit is 0.005 BTC.
This deposit is a scam that tricks users into sending Bitcoin payments. Once they do, the scammers steal them. The GEXUSX crypto platform and the supposed celebrity giveaway are fake.
The GEXUSX platform fraud and the crypto-giveaway do not exist. This site is a phony trading front that scammers use to collect money. After the victims have accumulated enough funds, their site disappears.
Scammers use the public’s trust for figures like Cristiano Cristiano (Elon Musk), Bill Gates (Mark Zuckerberg), Drake and Bill Gates to create the illusion that viewers will be able earn Bitcoins free. In reality, the scam is a complex scheme designed to steal crypto-deposits.
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How the GEXUSX Bitcoin Promo Code Fraud Works
The criminals responsible for GEXUSX.com rely a mix of convincing fake videos, psychological manipulating, and technical ruses in order to perpetrate GEXUSX.com’s fraud. Let’s examine the entire process in depth:
Step 1 Produce Fake Celebrity Approval Videos
Deepfakes using artificial-intelligence video editing are used by scammers to make it appear that celebrities like Cristiano Cristiano or Elon Musk, Bill Gates Mark Zuckerberg and Drake endorse the Bitcoin give away and GEXUSX Platform.
Step 2: Distribute the deceptive videos through social media
Fake celebrity endorsement videos are distributed across sites like YouTube TikTok Instagram Facebook and Facebook using two main techniques:
Paid ads. Fraudsters use video ads to lure users into buying cryptocurrency, investing or featuring celebrities.
Hashtag campaigns. Scammers are using related hashtags (celebs/crypto) to try and make the videos viral within those communities.
The videos are more likely to reach their intended victims if they have been widely distributed.
Step 3 : Direct the viewer to GEXUSX.com
All of the fake videos have links leading viewers to GEXUSX.com. Although the website looks professional at a first glance, it is only a scam to collect your deposits.
No cryptocurrency trading or exchange is taking place. The platform shown and the balances on it are all elaborately fakes.
Step 4 Instruct Viewers on Promo Code
After viewing the fake celebrity video on YouTube, go to GEXUSX.com. Enter the specified promo codes during registration, such “CR7”, “TIktok11” etc.
Entering these codes makes the user appear to have deposited around 0.31 BTC into their account.
Step 5: Don’t withdraw until the deposit is made
When users try to withdraw these funds to an outside wallet, they receive a notification that states they must “activate withdrawal capabilities” by first making a deposit of at least 0.005 BTC.
This is a scam that tricks victims to deposit real crypto in the site they think they are completing just ID verification.
Frequently Answered Questions
1. What is GEXUSX Bitcoin scam?
This is a dangerous cryptocurrency scheme that uses carefully edited videos featuring celebrities to convince victims to send Bitcoin deposits to a phony website GEXUSX.com.
Scammers are creating and distributing videos that show famous people like Cristiano Cristiano or Elon Musk promoting a Bitcoin giveaway in collaboration with GEXUSX.com.
In the videos the voice-dubbed or deepfaked celebrities give a unique promo codes, such as “CR7”, and “Tiktok11”, they claim that viewers can utilize on GEXUSX.com, to obtain free Bitcoin in their account.
GEXUSX.com however does not offer any trading or real transactions. It’s an entirely fake platform, designed to steal Bitcoin deposits made by unsuspecting users who were lured in with deceptive celebrity videos.
2. What celebrities have been impersonated the most in these scam videos?
The most common celebrities that are used as swindlers include:
Cristiano Ronaldo
Elon Musk
Bill Gates
Mark Zuckerberg
Drake
The fake Bitcoin offer is given an air of legitimacy by the scammers due to their celebrity status and mass public trust. Celebrities are known to be more likely than others to fall for the scam.
3. How is fake celebrity endorsement video created?
The scammers are primarily based on two techniques:
Advanced deepfake Artificial Intelligence technology seamlessly replaces celebrity voices and faces with a fabricated copy that sounds and looks real.
Voice dubbing involves taking real interviews of celebrities and using voice mimicry software in order to make them appear as if they were saying something completely different.
Both techniques allow the scammers produce convincing videos which depict celebrities addressing their audience and promoting Bitcoin.
4. Where and when do scammers distribute their fraudulent videos on the internet?
Once the fake videos were created, they spread quickly across social platforms, such as YouTube Facebook Instagram TikTok and others.
Videos targeted to users interested on cryptocurrency trading and investment.
Hashtag campaigns using relevant terms such as #Bitcoin #ElonMusk and #CryptoGiveaway will reach more audiences.
It is possible to see as many scam videos as you want by using organic and paid distribution.
5. What happens if a customer uses the GEXUSX.com discount code?
After being fooled by the fake celebrity endorsers, the victims then go to GEXUSX.com where they enter a promo code, such “CR7” “Tiktok11”, during registration.
Entering this code adds a small deposit to the user’s GEXUSX Dashboard. This is to make the victim believe that their account has been credited with free Bitcoin.
But, in reality there are no Bitcoins deposited. The balance shown is a fictitious one, created solely for the purpose of further manipulating victims. No trading occurs.
The Bottomline – How To Avoid the GEXUSX Crypto Scam
The GEXUSX swindle is a good reminder of the importance of protecting your cryptocurrency.
Verify endorsements. Review celebrity crypto promotion before you act. Confirm legitimacy by using official channels.
Do your research before opening an account.
Beware of “free Crypto” – Genuine platforms won’t give you Bitcoins or bonus just for signing-up.
Do not enable withdrawals by deposits.
Report suspicious behavior – Inform authorities about frauds that may have occurred and assist with bringing the scammers to justice.
Be alert to similar scams impersonating celebrities, and exploiting the hype around cryptocurrency. To protect your local community from predatory scammers, share information about these deceptive techniques.
