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Popular social network Twitter has been flooded with fake profiles of the Ethereum co-founder Vitalik Buterin promoting fraudulent crypto giveaways ahead of the network's transition to the proof-of-stake consensus algorithm.
The attackers have purchased verified accounts and modified their personal data to make users believe it is Buterin's real account.
One user under the nickname greezbok has added a photo of the Ethereum co-founder and offered to give away 100,000 ETH valued at $159 million to celebrate The Merge.
The user has said:
"To celebrate the Merge, Ethereum Foundation is giving away 100,000 ETH! ??."
It is worth noting that the transition from PoW to PoS on the Ethereum network started yesterday.
