What is Gexusx.com?
Gexusx.com aims to trick people into sending Bitcoin. Scammers are behind the site and use fake videos with celebrities like Cristiano Cristiano, Elon Mush, Bill Gates, Drake, etc.
The videos are posted on platforms such as Facebook, TikTok, YouTube and TikTok. In these videos, “celebrities”, promote fake Bitcoin giveaways.
The scam is easy to spot: the people are asked to send Bitcoins in small amounts to either join a giveaway or to earn big rewards.
The scammers will disappear after the victims send them the money.
The GEXUSX Bitcoin Promocode Scam
GEXUSX.com has been promoted by a celebrity on social media as the latest fake cryptocurrency platform. Fraudsters are impersonating celebrities such as Cristiano Ronaldo (Elon Musk), Bill Gates, Mark Zuckerberg, and Drake using voice-dubbed deepfake videos.
The scam is carried out by spreading deceptive video clips on Facebook, TikTok or YouTube. In the videos the deepfaked celebrity describes a special Bitcoin give-away opportunity in collaboration with GEXUSX.com.
You can claim your free Bitcoin funds by following the step-bystep instructions provided. Promo codes such as “CR7”, or “Tiktok11”, are available.
The dashboard of GEXUSX will show a balance in the region of 0.31 BTC for victims who have entered these codes. A message informs victims that they need to make a deposit of at least 0.005 BTC before withdrawing the funds.
This deposit requirement tricked unsuspecting users to send real Bitcoin payments which scammers stole immediately. The GEXUSX and the purported celebrity crypto giveaway does not exist.
The GEXUSX platform, which is a scam, and its crypto giveaway are not real. The site acts as a front for a scammer to collect funds into their wallets. The site disappears after a certain amount of money is collected. Victims have no way of recovering their money.
The scammers give credibility to their ruse by exploiting the public’s belief in figures such as Cristiano Ronaldo Elon Musk Bill Gates Mark Zuckerberg Drake. It is actually a scam that targets crypto deposits.
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How GEXUSX Bitcoin Promo Codes Scam Works
Fraudsters behind GEXUSX.com rely upon a combination psychological manipulation, technical subterfuge, and convincing deepfake movies to perpetrate GEXUSX. Here’s a detailed look at the process.
Step 1: Produce fake celebrity endorsement videos
Scammers create fake videos using artificial intelligence technology. These deepfakes show celebrities like Cristiano Cristiano, Elon Musk, Bill Gates or Drake endorsing GEXUSX and the Bitcoin Giveaway.
Step 2: Distribute misleading videos on social media platforms
Two main methods are used to distribute the fake celebrity endorsements videos on sites such as YouTube, TikTok Instagram and Facebook.
Fraudsters pay for video ads that target users interested in cryptocurrency or investing.
Hashtag campaigns. Scammers will use hashtags that relate to celebs or cryptography in order to spread videos among those communities.
Scam videos that are widely distributed have a greater chance of reaching potential targets.
Step 3 – Direct the viewers to GEXUSX.com
The fake videos contain links that lead viewers to the GEXUSX.com site. The site appears to be a professional operation at first, but is actually a scam that only exists to collect deposits.
The platform and balances shown are elaborately faked. The platform, balances and other details are all faked.
Step 4: Inform viewers of the Promo Code
The user can follow the directions given in the fake celebrity videos by going to GEXUSX.com. They will then enter the specific promo code at signup. For example, “CR7” and “TIktok11”.
Entering these promo codes adds around 0.31 BTC on the dashboard of the user’s account, giving the appearance that the code added free Bitcoin.
Step 5 – Prevent withdrawals until deposit
Users who want to withdraw their funds into an external wallet will receive a message stating that they need to first deposit 0.005 BTC in order to “activate” the withdrawal capability.
This scam tricks victims into depositing crypto on the scam website, believing they are simply completing ID verification.
Frequently asked questions about the GEXUSX Bitcoin promo code scam
1. What is the GEXUSX Bitcoin promotional code scam?
This is a dangerous cryptocurrency scam that uses edited videos of celebrities in order to trick the victims into sending Bitcoin deposits on a fake trading site GEXUSX.com.
The scammers distribute videos which appear to show celebrity figures such as Cristiano Ronaldo (Elon Musk), Bill Gates (Mark Zuckerberg), and Drake endorsing a Bitcoin give-away offer in collaboration GEXUSX.com.
The voice-dubbed or deep-faked celebrities offer a promo code unique to each video, like “CR7”, “Tiktok11”, or “Tiktok11”, claiming that viewers can use this code on GEXUSX.com in order to receive free Bitcoins into their account.
GEXUSX.com is a fake platform that does not enable real trading. It’s a fake platform that is designed to collect Bitcoin deposits from victims duped by celebrity endorsement videos.
2. What celebrities are most often impersonated in scam videos and by whom?
Some of the most popular celebrities used in scam videos are:
Cristiano Ronaldo
Elon Musk
Bill Gates
Mark Zuckerberg
Drake
These celebrities are chosen by scammers because they have a large following and enjoy public trust. This gives the illusion of credibility for a fake Bitcoin giveaway. Celebrities are more likely to fall for this ruse because of their fame.
3. How are fake celebrity endorsements created?
Two primary methods are used by scammers:
A deepfake artificial intelligence technology that seamlessly replaces an actual celebrity’s face or voice with a fake imitation, designed to sound and look authentic.
Voice dubbing uses software that mimics the voice of the celebrity to give it an appearance they are saying something else.
Scammers can produce videos in which celebrities appear to be addressing their viewers directly, and are seen promoting Bitcoins.
4. Where and in what ways do scammers spread their fraudulent videos?
Fake videos can be spread to social platforms like YouTube and Facebook as well as TikTok by using two main strategies:
Pay-per-click video ads targeting users interested in cryptocurrency investing and trading.
To reach more people, hashtag campaigns using terms such as #ElonMusk #CryptoGiveaway #Bitcoin are a great way to get the word out.
Scam videos can be distributed to as many people as possible through organic and payed reach.
5. What happens if a victim uses GEXUSX.com’s promo code?
After being enticed to GEXUSX.com by fake celebrity endorsements they enter the promotional code at registration. For example, “CR7” and “Tiktok11”.
Entering these codes deposits around 0.31 BTC into the GEXUSX user account dashboard. This is done to make the victim think that they have received free Bitcoin by using the promo code.
The truth is that no Bitcoins are actually deposited. The balance displayed is entirely fake and intended solely to further manipulate victims. No trading occurs.
The Bottom Line – Avoiding the GEXUSX Crypto Scam
The GEXUSX fraud is a lesson in protecting your cryptocurrency.
Check celebrity endorsements before you take action. Confirm legitimacy via official channels.
Check out trading platforms before you create an account.
Do not fall for “free crypto”. Genuine platforms don’t give out Bitcoin or offer bonuses just for signing up.
Don’t allow withdrawals via deposits.
Report suspicious activities – Alert authorities to potential frauds, and assist in bringing scammers into justice.
Watch out for similar scams that impersonate celebrities and take advantage of the hype surrounding cryptocurrency. Protect your community by spreading the word about these tricksters.
