Fox News reporter Eleanor Terrett has warned of a deceptive news article circulating online.
The publication used her name and official Fox News graphics to promote a scam involving a non-existent BlackRock token.
Terrett raised the alarm on X, stating:
She also cautioned users to remain vigilant against the scam. A screenshot she shared revealed details from the article.
The fake report, dated December 5, falsely claimed that BlackRock, the worldās largest asset manager, had launched a presale for a token named āBlackRock Token (BRT).ā The post described this fictional token as a āgroundbreakingā initiative to integrate blockchain technology into traditional finance.
It also urged readers to visit a phony website, āBlackRockToken[.]net,ā to participate in the presale. The site allegedly provided detailed project information, including step-by-step purchase guides, insights into tokenomics and utility, and updates on supposed milestones.
The post included promotional claims highlighting the āBlackRock Advantage,ā describing the token as a testament to BlackRockās leadership in financial innovation. It claimed that the initiative leverages the firmās resources, expertise, and commitment to deliver exceptional value to investors, positioning the project as a blend of traditional finance and blockchainās potential.
The scam news article attempted to appear legitimate by featuring an AI-generated image resembling Fox News graphics and attributing false writing credits to Eleanor Terrett and FOX Business.
Meanwhile, this isnāt the first time BlackRock has found itself on the wrong end of such an incident. Last year, on November 13, a bogus filing appeared on the Delaware Division of Corporations website, claiming that the asset manager had registered an āiShares XRP Trust.ā However, Bloomberg ETF analyst Eric Balchunas later confirmed with the company that the document was fraudulent.
This incident is part of a broader trend of cryptocurrency-related scams and hacks targeting high-profile platforms and figures. On December 8, the Cardano Foundationās X account was hacked to promote a fake token called āADAsol.ā
The bad actors falsely claimed that the U.S. Securities and Exchange Commission (SEC) had filed a lawsuit against Cardano and alleged that the foundation would cease support for ADA.
Similarly, in September, A Bloomberg report revealed that OpenAI CEO Sam Altmanās X account was compromised to advertise a fake token named ā$OPENAI.ā
The sham post, filled with errors such as referring to the token as ā$OPEANAI,ā encouraged users to connect their wallets to a phishing website with a misleading URL, ātoken-openai[.]com.ā The site promised early access to future OpenAI beta programs, preying on unsuspecting users eager to benefit from the nonexistent cryptocurrency.
The post Fox News Journalist Exposes Fake BlackRock Token Scam appeared first on CryptoPotato.
The publication used her name and official Fox News graphics to promote a scam involving a non-existent BlackRock token.
The Fraudulent Piece
Terrett raised the alarm on X, stating:
She also cautioned users to remain vigilant against the scam. A screenshot she shared revealed details from the article.
The fake report, dated December 5, falsely claimed that BlackRock, the worldās largest asset manager, had launched a presale for a token named āBlackRock Token (BRT).ā The post described this fictional token as a āgroundbreakingā initiative to integrate blockchain technology into traditional finance.
It also urged readers to visit a phony website, āBlackRockToken[.]net,ā to participate in the presale. The site allegedly provided detailed project information, including step-by-step purchase guides, insights into tokenomics and utility, and updates on supposed milestones.
The post included promotional claims highlighting the āBlackRock Advantage,ā describing the token as a testament to BlackRockās leadership in financial innovation. It claimed that the initiative leverages the firmās resources, expertise, and commitment to deliver exceptional value to investors, positioning the project as a blend of traditional finance and blockchainās potential.
The scam news article attempted to appear legitimate by featuring an AI-generated image resembling Fox News graphics and attributing false writing credits to Eleanor Terrett and FOX Business.
Meanwhile, this isnāt the first time BlackRock has found itself on the wrong end of such an incident. Last year, on November 13, a bogus filing appeared on the Delaware Division of Corporations website, claiming that the asset manager had registered an āiShares XRP Trust.ā However, Bloomberg ETF analyst Eric Balchunas later confirmed with the company that the document was fraudulent.
Similar Exploits
This incident is part of a broader trend of cryptocurrency-related scams and hacks targeting high-profile platforms and figures. On December 8, the Cardano Foundationās X account was hacked to promote a fake token called āADAsol.ā
The bad actors falsely claimed that the U.S. Securities and Exchange Commission (SEC) had filed a lawsuit against Cardano and alleged that the foundation would cease support for ADA.
Similarly, in September, A Bloomberg report revealed that OpenAI CEO Sam Altmanās X account was compromised to advertise a fake token named ā$OPENAI.ā
The sham post, filled with errors such as referring to the token as ā$OPEANAI,ā encouraged users to connect their wallets to a phishing website with a misleading URL, ātoken-openai[.]com.ā The site promised early access to future OpenAI beta programs, preying on unsuspecting users eager to benefit from the nonexistent cryptocurrency.
The post Fox News Journalist Exposes Fake BlackRock Token Scam appeared first on CryptoPotato.
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