In what appears to be one of the latest bitcoin scams, Elon Musk’s satellite internet service, Starlink, has become the victim of third party companies posing as official providers – in exchange for payment “confidentially” and in bitcoin. to scam. being spread through very convincing website Which similarly mimics the official Starlink site by SpaceX, which is incidentally still live and operational at the time of publishing the story, News18 confirmed. The offer proposes users to pay a fixed hardware fee of $249 (approximately Rs 18,500) and a subsequent monthly fee of $49 (approximately Rs 3,500), but all in bitcoin. The site also adds a disclaimer that payment details will remain confidential, as it is being done via bitcoin.
This scam, which has targeted users in Iran, is a possible harbinger of more such scams that will attempt to use the Starlink brand name to earn quick, extra bucks. What complicates things here is that since Elon Musk himself is a big proponent of cryptocurrencies, it might not be surprising if users are asked to pay in such formats. However, the dead giveaway is the fact that starlink It does not currently accept orders from markets where they have not yet announced service, and Iran is clearly not one of them. To verify, users are advised to check on the official Starlink website by simply entering their address.
In markets where the service is being offered for pre-booking, Starlink is priced at $499 (approximately Rs 37,500) as hardware charges and $99 (approximately Rs 7,500) as monthly charges for internet service. is being marketed. Given that Iran has a widespread internet crisis, it could become an easy hunting ground for scammers who promise open internet services in exchange for prepayments – without any guarantees. More countries may also see this type of bitcoin scam, although it may be more difficult to execute in India due to comparatively fewer people’s investment in crypto, and the affordability of telecom services in India – the value-focused ones carried by customers. Here in tandem with the purchase decisions.
However, such scams are hardly new. Earlier this year, Hitesh aka Neil Patel, the self-titled “businessman”, and the “founder” of right-wing social media app Squeaks Media and ‘Atmanirbhar’ payments app Naradpay, claimed to have “offered”a wonderful service to the people“By ferrying new generation iPhones at almost half the price. Around 8,000 users are suspected of being duped by this scam, if not more.
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