Bitcoin: Fake Elon Musk giveaway scam ‘cost man £400,000’

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A German man lost 10 Bitcoin to so-called giveaway scammers on Twitter and experts say scams are rising. …

The 42-year-old says he first invested $40,000 in Bitcoin in 2017, and quickly made his money back as the value of the coins rose on the open market. He cashed out and got his initial money back, but then watched excitedly over the years as the 10 coins grew to be worth nearly 500,000 euros.

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