![That new X cryptocurrency? It's a scam.](https://blog.avast.com/hubfs/x%20crypto%20scam.jpg)
In the dynamic landscape of online scams, our Avast team has identified a new and bold scam, using the likeness of Elon Musk. This quarter, we uncovered advertisements featuring Musk to promote a supposed new cryptocurrency. The irony is striking – these ads were paid for and displayed on a platform owned by Musk himself, creating a deceptive endorsement loop.
Source:: Avast