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Author: Admin | 2025-04-28
Elaborate scam designed to steal crypto deposits.How the Lumacex Bitcoin Promo Code Scam WorksThe criminals behind Lumacex.com rely on a combination of convincing deepfake videos, psychological manipulation, and technical subterfuge to perpetrate the Lumacex fraud. Let’s take an in-depth look at the step-by-step process:Step 1: Produce Fake Celebrity Endorsement VideosThe scammers use artificial intelligence video editing technology to produce deepfakes that appear to show celebrities like Cristiano Ronaldo, Elon Musk, Bill Gates, Mark Zuckerberg or Drake endorsing the Bitcoin giveaway and Lumacex platform.Two primary techniques are used:Deepfake – Uses AI algorithms to seamlessly replace the celebrity’s face and voice with a high degree of realism that makes the videos seem 100% genuine.Voice dubbing – Takes real interview footage and uses voice mimicry software to make it appear the celebrity is saying things they did not actually say.Both approaches allow the scammers to create convincing footage where the celebrities appear to be directly addressing viewers and instructing them how to obtain free Bitcoin on Lumacex.com.Step 2: Distribute Deceptive Videos on Social PlatformsOnce created, the fake celebrity endorsement videos are widely distributed on sites like YouTube, TikTok, Instagram and Facebook through two main tactics:Paid ads – Fraudsters buy video ads targeting users interested in cryptocurrency, investing, or the featured celebrities.Hashtag campaigns – Scammers use related celeb/crypto hashtags to try making the videos go viral among those communities.Widespread distribution gives the scam videos a higher chance of reaching potential victims.Step 3: Direct Viewers to Lumacex.comThe fake videos all include links directing viewers to the Lumacex.com website. Although the site looks professional at first glance, it is a complete scam operation designed only to collect deposits.No actual cryptocurrency trading or exchange takes place. The platform and balances shown are elaborately faked.Step 4: Instruct Viewers to Use Promo CodeFollowing the directions in the fake celebrity video, users go to Lumacex.com and enter the specified promo code during signup, such as “CR7” or “TIktok11.”Entering these codes adds a deposit of around 0.31 BTC to the user’s account dashboard, making it appear the promo code added free Bitcoin to their balance.Step 5: Prevent Withdrawals Until DepositWhen users attempt to withdraw those funds to an external wallet, a message states they must first make a deposit of 0.005 BTC to “activate” withdrawal capabilities.This tricks victims into depositing real crypto into the scam site, thinking they are just completing ID verification.Step 6: Steal Deposits and Disable AccountsOnce the scammers
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