Fake Adam Back Investment Scheme

Posted on Aug 05, 2020
242
Platform Twitter
First Reported Jul 29, 2020
Location Global
Scammer Name/ID @adam3u_s
No. of Reports Received 1

How the Scam Works

One or more scammers claiming to be Adam Back (Blockstream CEO) are reaching out to users via Twitter DMs.

The scammers send their potential victims an “investment plan” – a list of options ranging from 1 to 16 BTC, each promising earnings higher than the initial investment.

This scam is intended to trick individuals into sending bitcoins to the scammers’ addresses – the promised returns would likely never be paid out.

The Real Adam Back

Dr Adam Back is an applied cryptographer and the co-founder and CEO of Blockstream.

Adam Back will never reach out to anyone over social media to request investments.

Technology projects that he has been involved in can be found on his official website, and Adam Back’s official social media accounts include:

How to Report the Scam

If you have encountered the scam described above, send us details on our Report a Scam form.

Unfortunately, we are not able to help you with resolving any disputes or recovering any funds, but your report will help us identify high-risk scams, alert the community, and report them to the relevant authorities.

We would also recommend that you take these additional measures: