K-pop fandom refers to the admirers and streamers of Korean pop music fans. In the last few years, the K-pop culture has substantiated itself as the world’s biggest music producer and entertainer. The fandom for these music bands refers to themselves as ARMY and has dedicated communities on Twitter. A little while ago, some members of the fandom in India noticed that they were following shady crypto marketing accounts.
These accounts seem to appear out of nowhere and have started offering airdrops to the millions of follow base. Upon some investigation, it was found out that some fandom influencers have sold their accounts to the crypto scammers without realizing it. These scammers are targeting an easy audience consisting predominantly of a teenage demographic.
How is the ARMY Reacting to the Cybercrime Infiltration among its Ranks?
The motto of the ARMY is not making profits from the fandom. A few months ago, the K-pop group donated 1 million dollars to the Black Lives Matter (BLM) initiative. Within few days, the entire fandom gathered up and matched that number. It seems that the crypto scammers were bitten by the greed bug when they heard about the potential of this niche market.
Many users have filed complaints against such scammers. However, they keep witnessing some cyberbullying and harassment from such accounts. Many young users of the fandom have fallen prey to these scam offerings. However, some senior members of the community have taken it upon themselves to raise awareness about these scams. Ramani Ramchandran, CEO of Router Protocol, warns the fandom that these scammers are using follow-back initiatives and meme competitions to promote airdrops.
Grave Dangers Waiting for ARMY Participants as Crypto Scammers are Hacking Accounts
There are many cases where the users have started to get calls from different scammers after they have clicked on one of these crypto scam posts. The theft of data is the least of the worries for the ARMY members as the danger goes far beyond that. These scam accounts operating with a blue tick offer the users a link that takes them to a third-party website. From here, hackers can gain access to digital wallets and even get remote access to the IP address.
The hackers can use the remote access capability to blackmail the users, and many have to abandon their email accounts and devices altogether. Some fandom influencers have admitted that they have been getting commissions for running such promotions. However, others simply block the critiques or go temporarily inactive when questioned. Many of these scam accounts use an egg that symbolizes an elite giveaway group.