Popular social network Twitter has been flooded with fake profiles of the Ethereum co-founder Vitalik Buterin promoting fraudulent crypto giveaways ahead of the network's transition to the proof-of-stake consensus algorithm.
The attackers have purchased verified accounts and modified their personal data to make users believe it is Buterin's real account.
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One user under the nickname greezbok has added a photo of the Ethereum co-founder and offered to give away 100,000 ETH valued at $159 million to celebrate The Merge.
The user has said:
"To celebrate the Merge, Ethereum Foundation is giving away 100,000 ETH! 🎉."
It is worth noting that the transition from PoW to PoS on the Ethereum network started yesterday.
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