Bloomberg Businessweek

We’re the New Face Of Crypto Scams

Crooks spoofed the Twitter accounts of two Bloomberg reporters to try to separate their followers from their money

If you wanted proof that crypto scams have gone mainstream, look no further than our Twitter accounts, @LilyKatz and @olgakharif. During the first three weeks of May, fraudsters copied our pages, including profile photos, to push Ether swindles onto our 17,000 collective followers. And in spite of multiple requests to Twitter Inc. to have them removed, at least one of our doppelgängers—and a host of other bot-driven fakes targeting individuals and companies—are still out there offering unbelievable deals. “Setting up a bot is easy-peasy,” says Roger Kay, president of Endpoint Technologies Associates.

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