
{"id":27063,"date":"2024-12-09T20:14:20","date_gmt":"2024-12-09T20:14:20","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=27063"},"modified":"2024-12-09T20:14:20","modified_gmt":"2024-12-09T20:14:20","slug":"fox-news-journalist-exposes-fake-blackrock-token-scam","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=27063","title":{"rendered":"Fox News Journalist Exposes Fake BlackRock Token Scam"},"content":{"rendered":"<p>Fox News reporter Eleanor Terrett has warned of a deceptive news article circulating online.<\/p>\n<p>The publication used her name and official Fox News graphics to promote a scam involving a non-existent BlackRock token.<\/p>\n<h2>The Fraudulent Piece<\/h2>\n<p>Terrett raised the alarm on X, stating:<\/p>\n<p>\u201cThere\u2019s a fake article circulating using my name and official Fox graphics to promote a scam BlackRock token sale.\u201d<\/p>\n<p>She also <a href=\"https:\/\/x.com\/EleanorTerrett\/status\/1865854842310185446\" target=\"_blank\" rel=\"noopener\">cautioned<\/a> users to remain vigilant against the scam. A screenshot she shared revealed details from the article.<\/p>\n<p>The fake report, dated December 5, falsely claimed that BlackRock, the world\u2019s largest asset manager, had launched a presale for a token named \u201cBlackRock Token (BRT).\u201d The post described this fictional token as a \u201cgroundbreaking\u201d initiative to integrate blockchain technology into traditional finance.<\/p>\n<p>It also urged readers to visit a phony website, \u201cBlackRockToken[.]net,\u201d to participate in the presale. The site allegedly provided detailed project information, including step-by-step purchase guides, insights into tokenomics and utility, and updates on supposed milestones.<\/p>\n<p>The post included promotional claims highlighting the \u201cBlackRock Advantage,\u201d describing the token as a testament to BlackRock\u2019s leadership in financial innovation. It claimed that the initiative leverages the firm\u2019s resources, expertise, and commitment to deliver exceptional value to investors, positioning the project as a blend of traditional finance and blockchain\u2019s potential.<\/p>\n<p>The scam news article attempted to appear legitimate by featuring an AI-generated image resembling Fox News graphics and attributing false writing credits to Eleanor Terrett and FOX Business.<\/p>\n<p>Meanwhile, this isn\u2019t the first time BlackRock has found itself on the wrong end of such an incident. Last year, on November 13, a bogus filing appeared on the Delaware Division of Corporations website, claiming that the asset manager had registered an \u201ciShares XRP Trust.\u201d However, Bloomberg ETF analyst Eric Balchunas later <a href=\"https:\/\/cryptopotato.com\/the-fake-blackrock-ripple-xrp-etf-application-handed-over-to-delaware-authorities-bloomberg\/\" target=\"_blank\" rel=\"noopener\">confirmed<\/a> with the company that the document was fraudulent.<\/p>\n<h2>Similar Exploits<\/h2>\n<p>This incident is part of a broader trend of cryptocurrency-related scams and hacks targeting high-profile platforms and figures. On December 8, the Cardano Foundation\u2019s X account was <a href=\"https:\/\/cryptopotato.com\/ada-price-unfazed-despite-hacked-cardano-foundation-x-account-indicating-sec-lawsuit\/\" target=\"_blank\" rel=\"noopener\">hacked<\/a> to promote a fake token called \u201cADAsol.\u201d<\/p>\n<p>The bad actors falsely claimed that the U.S. Securities and Exchange Commission (SEC) had filed a lawsuit against Cardano and alleged that the foundation would cease support for ADA.<\/p>\n<p>Similarly, in September, A Bloomberg report <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-09-23\/openai-news-account-on-x-compromised-sends-posts-about-crypto\" target=\"_blank\" rel=\"noopener\">revealed<\/a> that OpenAI CEO Sam Altman\u2019s X account was compromised to advertise a fake token named \u201c$OPENAI.\u201d<\/p>\n<p>The sham post, filled with errors such as referring to the token as \u201c$OPEANAI,\u201d encouraged users to connect their wallets to a phishing website with a misleading URL, \u201ctoken-openai[.]com.\u201d The site promised early access to future OpenAI beta programs, preying on unsuspecting users eager to benefit from the nonexistent cryptocurrency.<\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/fox-news-journalist-exposes-fake-blackrock-token-scam\/\">Fox News Journalist Exposes Fake BlackRock Token Scam<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\">CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Fox News reporter Eleanor Terrett has warned of a deceptive news article circulating online. The publication used her name and official Fox News graphics to promote a scam involving a non-existent BlackRock token. The Fraudulent Piece Terrett raised the alarm on X, stating: \u201cThere\u2019s a fake article circulating using my name and official Fox graphics [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":27064,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-27063","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/27063"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=27063"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/27063\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/27064"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=27063"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=27063"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=27063"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}