One Common Method Used In These Scams Involves Fake Bitcoin Investment Sites Scammers Create Convincing Websites And Social Media Profiles Complete With Fabricated Testimonials And Impressive Trading Histories They Reach Out To Potential Victims Through Direct Messages On Instagram Making This One Of The Most Popular Instagram Cash App Scams After Setting Up A Cash App Account You Ll Need To Link It To An Existing Bank Account Once A Payment Source Is Connected You Can Send Or Receive Money Through The Mobile App Users Can Enter A Dollar Amount From The Green Payment Tab And Tap Request Or Pay To Create A Payment Scammers Love Gift Cards Because They Re Impossible To Trace In This Scam You Get A Notification That You Ve Won Free Money On Cash App You Just Need To Send The Scammer A Gift Card In Order To Claim Your Money To Ensure Your Participation In Legitimate Cash App Giveaways It Is Essential To Verify That The Promotion Is Officially Endorsed By Cash App You Can Do This By Checking Cash App S Official Social Media Accounts Visiting Their Website For Any Official Announcements Or Referring To Reliable Sources Of Information Another Common Approach Involves Scammers Requesting A Fee In Exchange For Revealing How To Exploit The Cash App Glitch They Promise That This Knowledge Will Enable The User To Gain Free Money Instantly Once The Fee Is Paid The Scammers Vanish And The Promised Glitch Turns Out To Be Nonexistent