The Position Exchange Times Square billboard airdrop is a scam. No crypto can be distributed through billboards. Learn how the fraud works, why it's impossible, and how to protect your wallet from phishing sites.
Fake Airdrop Billboard: How to Spot Crypto Scams and Avoid Losing Your Wallet
When you see a fake airdrop billboard, a deceptive ad promising free crypto tokens in exchange for connecting your wallet or sharing personal info. Also known as crypto scam ads, these fake promotions are designed to trick you into giving up control of your digital assets—not to give you anything in return. They pop up on social media, Telegram groups, and even fake websites that look like CoinMarketCap or Binance. The goal? Get your seed phrase, private key, or wallet signature so they can drain your funds in seconds.
Real airdrops don’t need you to send crypto first. They don’t ask you to log in with MetaMask via a link. They don’t require you to share your recovery phrase to "claim" tokens. If it sounds too easy, it’s a crypto scam, a deliberate attempt to steal cryptocurrency through deception. Also known as phishing attack, this tactic has evolved with AI-generated logos, deepfake videos, and fake influencer endorsements. The 2025 version even uses your name and recent wallet activity to make the scam feel personal. You might see an ad saying, "Hey, you’re eligible for the Sonar Holiday airdrop!"—but Sonar never ran that. Or a post claiming "TRO airdrop is live"—but Trodl has no airdrop. These aren’t mistakes. They’re targeted attacks.
Every fake airdrop billboard you see is built on the same lie: urgency. "Limited spots!" "Only 24 hours!" "Your wallet is already selected!" But real projects don’t rush. They publish official announcements on their website, Twitter, or Discord—never through random Instagram ads or YouTube pop-ups. If you’re unsure, check the project’s official channels. Look for verified accounts. Search for past airdrops. If the project has no history, no team, and no whitepaper, the airdrop doesn’t exist.
The damage isn’t just financial. Once your wallet is compromised, every token, NFT, and staked asset can vanish. And recovery? Nearly impossible. That’s why knowing the difference between a real airdrop and a crypto phishing, a trick to steal login credentials or wallet access through fake websites or messages. Also known as wallet harvesting, this method often uses cloned interfaces that look identical to legit platforms is the most important skill you’ll learn in crypto. You don’t need to chase every free token. You just need to avoid the ones that cost you everything.
Below, you’ll find real examples of fake airdrops that tricked thousands—like the Sonar Holiday scam, the TRO token hoax, and the Coinrate exchange fraud. You’ll also see how projects like Flux Protocol and GEMS NFT ran actual, verified campaigns. Learn what to look for, what to ignore, and how to protect yourself before the next billboard pops up.