Prominent businessman, engineer, and billionaire Elon Musk recently expressed his admiration for the people running the Ethereum scam bots on Twitter. It can be noted that this is the first time that Musk mentioned Ethereum in the service, which was why Ethereum co-founder Vitalik Buterin was somewhat disappointed by the comment, Cointelegraph reported.
Elon Musk said that whoever is behind the bots has an impressive talent or, in the billionaire’s own words, “Mad skillz.” He also misspelled Ethereum implying that Musk isn’t particularly following the blockchain-based platform.
Vitalik Buterin replied that he wished Elon Musk’s first tweet about Ethereum was because of the technology behind it rather than the scam bots plaguing the community. The Ethereum co-founder also asked Twitter CEO Jack Dorsey to lend a hand or for someone in the ETH ecosystem to offer a solution.
The proliferation of these scam bots first started at the beginning of 2018, when they initially targeted blockchain influencers. Since launching, the bot network has grown considerably and is now spamming almost anyone who has a somewhat influential authority on the cryptocurrency ecosystem, including Elon Musk.
The bots function by impersonating prominent crypto figures asking to send funds to a random Ethereum address with the promise of giveaways and get-rich-quick schemes. Naïve users are usually the victims of these bots, which is why Vitalik Buterin is trying to mitigate the whole situation.
Elon Musk also drew the attention of Dorsey to this issue in February 2018, but so far no permanent solution has been implemented. Because of this, some developers have addressed the problems themselves, creating solutions that warn users against any cryptocurrency scams.
However, the implemented designs seemed to have been ineffective given that the bot network is still up and running. And given that even Elon Musk has been targeted, it would not be long before other prominent figures will be impersonated by these proliferating headaches.


Snowflake Stock Soars 30% After Q1 Earnings Beat and Major AWS AI Partnership
SK Hynix Joins $1 Trillion Club as AI Chip Demand Fuels Stock Surge
Dell Raises 2027 Revenue Forecast as AI Server Demand Drives Record Quarterly Results
MongoDB Q1 FY2027 Earnings Beat Expectations, Raises Full-Year Outlook
Samsung Union Dispute Escalates Over Semiconductor Bonus Vote
Salesforce Q1 FY2027 Earnings Beat Expectations Despite Soft Q2 Revenue Outlook
Meta AI Push Could Add $26 Billion in Revenue by 2027, Wolfe Research Says
Samsung Workers Approve Wage Deal, Avoiding Major Strike and Boosting Chip Supply Confidence
Huawei Chip Breakthrough Sparks Rally in Chinese Semiconductor Stocks
US Quantum Stocks Surge After $2 Billion Government Investment
Kentucky School District Secures $27 Million in Social Media Addiction Lawsuit Settlements
Mega IPOs Like SpaceX and OpenAI Could Reshape S&P 500 and Nasdaq 100 Portfolios in 2026
Macquarie Names Five Taiwan AI Stocks Set to Benefit From Data Center Growth in 2026
Lam Research Expands AI-Powered Semiconductor Tools and Arizona Operations
Marvell Stock Rises After Record Q1 FY2027 Earnings Fueled by AI Demand
Morgan Stanley Names Top AI Security and Data Center Stocks for 2026 



