Metallica Warn Fans About Crypto Scams

Metallica have warned fans that cryptocurrency scams are circulating on social media, trying to capitalize on the announcement of the band's new album and tour by posting fake offers. A middle-aged man in Manhattan was reportedly trapped by a fake YouTube channel in the name of the rock band, resulting in him losing around $25,500…

Metallica Warn Fans About Crypto Scams

Metallica have warned fans that cryptocurrency scams are circulating on social media, trying to capitalize on the announcement of the band’s new album and tour by posting fake offers.

A middle-aged man in Manhattan was reportedly trapped by a fake YouTube channel in the name of the rock band, resulting in him losing around $25,500 worth of Bitcoin.

“In the wake of last week’s exciting news of our new song, new album, and new tour, unfortunately the ugly side of social media made an appearance. Many of you have let us know about YouTube channels and live streams, as well as websites, claiming to offer METALLICA Crypto giveaways in conjunction with last week’s announcement,” the band said in a statement.

They added, “Let’s be as clear as possible. These are scams. They’re being streamed on fake YouTube channels posing to be ours and all pointing to websites that we do not run. Please remember – all of our official social media channels are verified. Always look for official verification before believing something wild and crazy to be true.”

Last week, Metallica announced that their upcoming studio album, 72 Seasons, will be released on April 14, 2023. The band also shared new single “Lux Æterna” and announced dates for next year’s world tour.

Metallica thanked all its fans who have been vigilant in reporting these live streams to YouTube and the band.

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