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No, Terra (LUNA) founder Do Kwon is not offering you free Bitcoin or Ethereum

A scammer pretends to be binance on YouTube and runs a Bitcoin BTC/USD and ether ETH/USD giveaway scam.

What happened: A link included in the YouTube video portrays the scam as “Biggest Luna Foundation Giveaway” by Terra (LUNA) co-creators Do kwon.

Screenshot of ongoing scam on YouTube

The scam website linked in the video claims that the “giveaway” is sponsored by Binance, Coinbase Global, Inc COIN and Tesla Inc TSLA among other.

Screenshot of the website with the alleged BTC/ETH giveaway

The Ethereum wallet shared by the scammer had collected 12.02 ETH at press time, which is worth $24,935.47.

The total coins the scammer received in his bitcoin wallet totaled 1.71 BTC, which was worth $52,001.10 at press time. The balance in the wallet was 0.852 BTC worth $25,861.78.

See also: Best USDC Interest Rates

Why it matters: The video shared by the scammer shows the podcaster Laura Shin of the Unchained podcast. The interview is dated March 29th.

Recently, a scammer was found at Tesla’s CEO Elon Musk’s Twitter page asking for Dogecoin. A YouTube live stream scam starring Musk and Twitter Inc TWTR founder Jack Dorsey raised thousands in Bitcoin and Ethereum in April.

Read Next: No, Elon Musk Didn’t Ask Sky Ferreira Out on a Date at the Met Gala and Was Turned Down

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