Beware the Elon Musk Crypto Casino Scam

Since early March, there has been an increased and sustained volume of searches on Google for the query “Elon Musk Crypto Casino.” There is, of course, no cryptocurrency casino in the world that has any relation to Elon Musk. He has not launched a site, nor given his backing to any. These search queries are related to an increase in a common cryptocurrency scam.

Google Trends search volume for the query ‘Elon Musk crypto casino‘ in the past month (February 22 to Match 23, 2026).

Here is how this scam works and how you can keep a watchful eye out for others like it in the future.

Table of Contents

How the scam works Similar celebrity crypto scams How to avoid scams like this

How the scam works

The scam often works by hacked accounts sharing a screenshot of Elon Musk supposedly posting on X about his new cryptocurrency casino.

Because the screenshots come from a friend or a trusted account, the recipients often believe the messages to be genuine.

The scams send people to a cryptocurrency gambling site with the promise of instant rewards: “I’m giving away $2,500 to everyone who registers,” one reads.

There is also a great sense of urgency given, with a vague timeline announced: “The promotion will run for a few days, so don’t miss your chance!”

The first thing someone might check, you would think, is to visit Musk’s X profile and look for this tweet. But the fake screenshot often says something to the effect of, “This post will be deleted in one hour after publication.”

The fact that Elon Musk is a well-known cryptocurrency enthusiast makes the scam even more believable.

The recipient is then left with no real way to test the validity of the message they received, and they are given a sense of urgency: act now or miss the chance to claim free money.

It is a simple but effective scam.

A screenshot of Elon Musk Crypto Casino scam. A scam casino Gonewex.com, labeling itself as ‘Elon Musk’s Official Crypto Casino’, is ranking in position 3 of Google’s search results page.

Similar celebrity crypto scams

This same template of scam is used with other celebrities’ names and social media accounts attached to them.

A 2025 McAfee survey centered around celebrity scams revealed shocking results. They found that:

72% of Americans have seen fake celebrity or influencer endorsements. 39% of Americans clicked on one.

Scammers generally target celebrities who fall into one of three categories: massive wealth, a reputation for philanthropy/giveaways, or a high level of public trust.

MrBeast’s name and image are among the most frequently exploited by scammers because his reputation for giving away millions of dollars makes the scams feel plausible. People see his name and assume a massive giveaway could be legitimate, as it aligns perfectly with his real-world brand.

In July 2020, there was a coordinated hack of multiple Twitter accounts at the same time, including the accounts of Barack Obama, Joe Biden, Bill Gates, Jeff Bezos, Warren Buffett, Apple, and Uber. Each account posted the same message: “send me $1,000 in Bitcoin and I will send you $2,000 back.”

These people and organizations could share incredible wealth if they chose to do so. The fact that their official Twitter accounts shared the request made it believable to many.

In July 2020, hackers hijacked Apple’s official Twitter account—along with those of Barack Obama and Bill Gates—to post this “double your money” Bitcoin scam.

According to McAfee, Taylor Swift is currently the most heavily exploited celebrity for AI-generated online scams, leveraging her massive, dedicated fanbase to push fake merchandise and crypto links.

How to avoid scams like this

There are red flags you can watch out for to avoid celebrity crypto casino scams. Here are signs to watch out for.

Beware of urgency. Many of these scams rely on using a short timeframe for their supposed offers. This has the effect of rushing people who might otherwise double-check that the information is legitimate. Never feel rushed when using your money for anything.

If an offer sounds too good to be true, it is. There really is very little free money in this world. Cryptocurrency casinos sometimes offer no deposit bonuses, but even these come with strings attached, like wagering requirements.

Beware of fake sites. These malicious sites appear to be something else, like the BBC, using similar font and image styling. They may even use a URL which will appear similar to the original: “bbc-news-crypto.com”. When clicking a link on the internet, always double-check in the address bar that it has taken you to the correct URL.

Never send crypto to verify your wallet. A common ploy of crypto casino scams is to ask you to verify your wallet by sending funds from it. A legitimate cryptocurrency casino will sometimes ask you to confirm your identity, but they will do this in standard ways, like through a KYC (Know Your Customer) process. While you will need to provide your public wallet address to deposit funds or withdraw your winnings, a legitimate site will never ask you to send money just to prove the wallet is yours.

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