Fake Charlie Lee Twitter handle tries to scam users into giving Litecoin

If there's anything you will learn in your life, it's probably that nothing good comes for free. Handouts are extremely rare in this world, but more so when it comes to markets - and that includes cryptocurrencies.

The user here tries to scam people into donating 0.3 LTC to his wallet in the promise he will give back 3 LTC in exchange. And he's trying to do so by impersonating Litecoin's founder Charlie Lee.

If you remember, Charlie Lee sold and donated all his LTC here back in December. And please take note, Charlie Lee's Twitter handle is SatoshiLite - without the 'z' at the end.

So, be wary of scams like these out there. This is probably not the first of its kind, and won't be the last I'm sure.

Join the conversation in our new Telegram group.