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FACT BRIEF

Did Amazon launch a presale of a new Amazon Token cryptocurrency?

By Sarah Thompson
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NO

A series of websites impersonating both Amazon and media outlets "reporting" on this fictional cryptocurrency are based on empty promises from bogus websites.

People who fall for this scam think they are investing in an Amazon product. Instead, they transfer their own cryptocurrency to an unknown entity and get nothing in return. In the process they may compromise their other accounts and passwords.

Amazon does not have a cryptocurrency and is not offering any Amazon Prime promotions in connection with cryptocurrency. All of these are a scam.

Amazon has a customer service page that will help identify and report any suspicious websites.

An article published by the digital protection company Avast describes some of the clues that might help a person notice problems with a promotional website before it is too late.

See a full discussion of this at Lead Stories
This fact brief is responsive to conversations such as this one.
Sources
Avast Beware of a New Amazon Token Crypto Scam
ABOUT THE CONTRIBUTOR
Lead Stories
Lead Stories is a fact checking and debunking website at the intersection of big data and journalism that launched in 2015. It scouts for trending stories, images, videos and posts that contain false information in order to fact check them as quickly as possible. It actively monitors the fake-news ecosystem and doesn’t wait for reader tips or reports before getting started on a story.
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About fact briefs published on Gigafact
Fact briefs are short, credibly sourced summaries that offer “yes/no” answers in response to claims found online. They rely on publicly available, often primary source data and documents. Fact briefs are created by contributors to Gigafact —a nonprofit project looking to expand participation in fact-checking and protect the democratic process. See all fact briefs here.