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To report a fake crypto giveaway on X, open the post’s overflow menu, select Report post, and follow the prompts. If the account is impersonating someone, report its profile as well. In the United States, report the scam to the FTC at ReportFraud.ftc.gov. If you already sent cryptocurrency, contact the exchange or ATM operator immediately and ask whether the transfer can be stopped or reversed.

Report the giveaway post on X

  1. Open the giveaway post.
  2. Select the overflow menu (the three-dot icon) and choose Report post.
  3. Follow the on-screen prompts, choosing the closest available reason for what the post shows.
  4. Describe the specific behavior: for example, that the post promises to multiply cryptocurrency, asks users to send funds to a wallet, impersonates a named person or company, or links to a suspicious site. Stick to observable details rather than stating unverified accusations as fact.

X accepts reports of posts that may violate its Rules or Terms of Service, including spam, harmful content, and impersonation. After reporting, X replaces the post in your view with a notice that you reported it, with an option to view the post. Reporting a post is a request for review; it does not itself suspend the account or guarantee a particular outcome. X’s post-reporting instructions

Report the profile if the account is impersonating someone

If the profile pretends to represent a person, brand, or organization, report the profile for impersonation as well as reporting the specific giveaway post. X says bystanders can report impersonation from a profile, and an X account is not required to submit an impersonation report. Account-level reporting is also appropriate when the account’s behavior—not just one post—is relevant. X’s impersonation reporting guidance

X’s rules prohibit confusing or deceptive impersonation and say it may lead to suspension or a requirement to update the account. Report in good faith: X’s authenticity policy prohibits misuse of its reporting tools to harass someone or falsely cause restrictions. X Authenticity policy

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Check whether a promoted post is an X Ad

If the giveaway appears in an ad placement, first check whether it carries X’s advertiser label. A regular post that says “ad” or “sponsored” is not necessarily an X Ad. For a genuine X Ad, use X’s separate ad-reporting route; the company says it reviews reports of potential Ads Policy and platform-rule violations. Its policy prohibits advertising fraudulent or scam-like behavior, including cash-gift schemes and certain financial scams. X’s ad-reporting guidance

Report the scam to the right authority

Channel Use it for Where it applies
X post report Flagging the specific content for platform review X
X profile or impersonation report Flagging deceptive identity or account-level behavior X; a bystander can report impersonation
FTC Reporting the consumer scam and contributing information for enforcement and trend tracking United States: ReportFraud.ftc.gov
SEC Reporting the investment-fraud aspect, if the offer is also an investment scam United States: the SEC complaint portal listed in the FTC investment-scam guide
Exchange or ATM operator Urgently asking whether a payment already sent can be stopped or reversed The provider used for the transfer

The FTC route and SEC route cited here are U.S.-specific. If you are elsewhere, use your country’s consumer-protection or financial regulator and law-enforcement reporting channel; the U.S. portals are not universal reporting authorities. X, government agencies, and payment providers handle different parts of the problem, so one report does not replace the others. FTC guidance on cryptocurrency and scams

If you already sent cryptocurrency

  1. Contact the exchange or cryptocurrency ATM operator you used as soon as possible. Explain that the transfer was connected to a suspected scam and ask whether it can be stopped, reversed, or refunded.
  2. Give the provider the transaction details it requests. Preserve the transaction hash (also called a transaction ID), date and time, asset and amount, and receiving wallet address. The FBI’s IC3 guidance identifies transaction hashes and transaction dates and times as useful details in a cryptocurrency-fraud report. IC3 cryptocurrency-fraud guidance
  3. Submit the relevant platform and government reports, using the saved post, profile, and transaction information to describe what happened.

Recovery is uncertain: the FTC warns that cryptocurrency payments can be difficult to get back. Be wary of anyone who later demands payment to recover your funds; the FTC warns that recovery offers can themselves be scams. FTC guidance on cryptocurrency and scams

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Save evidence before the post or account disappears

  • Post URL and profile URL; save the post URL while it is still available. X’s ad guidance recommends keeping the URL if it may be needed later. X’s ad-reporting guidance
  • Screenshots or copies of the post, account name and handle, impersonated identity, and any direct messages.
  • Wallet address or QR code, promised return, payment instructions, suspicious links, and relevant timestamps.
  • For a payment already sent: transaction receipt, transaction hash or ID, date and time, asset, amount, receiving address, and exchange or ATM details.

A concise report could say: “This post promises to multiply cryptocurrency if users send funds to [address/account]. It appears to impersonate [person/brand, if applicable]. Post URL: [URL]. I saw it on [date/time].” Adjust the description to match the evidence you have; don’t add claims you can’t verify. Avoid clicking unfamiliar links or sending more funds to “unlock” a prize.

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Why it is worth reporting

A celebrity or other account promising to multiply cryptocurrency in exchange for an upfront transfer is a recognized giveaway-scam pattern. The FTC has specifically warned about fake celebrity giveaways. FTC warning about fake celebrity endorsements

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Historical figures show why reports matter, but they are not a current estimate of the odds of encountering a scam and should not be combined. In a June 2022 data spotlight, the FTC said more than 46,000 people had reported losing over $1 billion to cryptocurrency scams since the start of 2021; the FTC noted that many scams began with social media ads, posts, or messages. FTC 2022 data spotlight

Separately, the FBI’s IC3 2025 annual report recorded 61,559 cryptocurrency investment-fraud complaints and $7.228 billion in reported losses for 2025, up 48% in complaints and 25% in losses compared with 2024. Those figures cover IC3 investment-fraud complaints, not all crypto scams. FBI IC3 2025 annual report

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Product prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on Amazon at the time of purchase will apply.

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