Dec, 26 2025
Position Exchange is not a real cryptocurrency exchange. There is no airdrop happening at Times Square. And no, you cannot get free tokens by scanning a QR code on a billboard in New York. This is a scam - and itâs spreading fast.
If youâve seen a post on TikTok, Instagram, or Telegram showing a glowing digital billboard in Times Square with the words "Position Exchange Airdrop - Claim Your Tokens Now!" - youâve been targeted. The image is fake. The link is dangerous. And the people behind it are stealing crypto wallets, not giving them away.
How the Scam Works
The scam starts with a photo. Not a real photo - a Photoshop job. Fraudsters take images of actual Times Square billboards - the ones advertising movies, banks, or tech companies - and overlay fake text. They add a QR code. They make it look like itâs running on the Nasdaq Tower or the Disney billboard. Then they post it with hashtags like #CryptoAirdrop, #FreeCrypto, #TimesSquareAirdrop.
When you click the link, youâre taken to a website that looks professional. It has a logo, a countdown timer, a form asking for your wallet address, and sometimes even a fake live counter showing how many people have "claimed" tokens. All of it is designed to trick you into entering your private key or seed phrase.
Thatâs when it happens. The moment you paste your 12-word recovery phrase, your wallet is drained. Within seconds, all your ETH, SOL, or USDC disappears. The scammers send it to mixers like Tornado Cash, then vanish.
Why a Billboard Airdrop Is Impossible
Letâs be clear: you cannot distribute cryptocurrency through a digital billboard. Not now. Not ever.
Airdrops require one thing: a digital connection to your wallet. You need to sign a transaction. You need to confirm a smart contract. You need to prove ownership of a public address. Billboards are just screens. They have no Bluetooth. No NFC. No internet connection to your phone. They canât read your wallet. They canât send tokens. They canât even detect if youâre standing in front of them.
The hardware in Times Square billboards - made by companies like Daktronics and Watchfire - is designed for advertising, not blockchain. They run on simple digital signage software. They donât have APIs. They donât connect to wallets. They donât even have cameras.
Even if a company like Coinbase or Binance wanted to do a billboard airdrop, they couldnât. Itâs physically impossible. Thatâs why every legitimate crypto project uses email signups, app registrations, or social media actions - never physical displays.
Who Is Position Exchange?
There is no company called Position Exchange in the cryptocurrency space. No registered entity. No SEC filing. No CFTC registration. No presence on CoinMarketCap or CoinGecko. The domain position.exchange is parked - meaning itâs just a placeholder page with no content, no team, no product.
Blockchain explorers like Etherscan and BscScan show zero transactions linked to this name. The New York City Department of Consumer and Worker Protection has no permit for any crypto event on Times Square through the end of 2025. And the New York Attorney Generalâs office has opened an investigation - #2025-SC-8841 - specifically into this scam.
This isnât a startup that got hacked. This isnât a new project with a bug. This is a criminal operation. Itâs been running since October 2025. Chainalysis tracked over $2.3 million in stolen ETH to wallets tied to this scam. The average victim lost $1,850. Over 3,800 people have confirmed they were scammed.
How to Spot This Scam
Hereâs what every fake billboard airdrop has in common:
- A QR code on a billboard image - never a real photo
- Claims of "limited time" or "only 1000 spots left"
- Asks for your private key or seed phrase
- Uses fake testimonials or "verified by" badges
- Links to websites with .xyz, .io, or .app domains - never .com
- No official social media accounts or team members
Real crypto airdrops donât require you to give away your seed phrase. They ask for your wallet address - not your password. They donât pressure you. They donât use countdown timers. They donât promise instant riches.
What to Do If Youâve Been Scammed
If you already entered your seed phrase:
- STOP. Donât panic. Donât send more money.
- Do NOT try to recover your funds yourself. Most "recovery services" are scams too.
- Move any remaining funds from that wallet to a new one - if you still have access.
- Report it to the FBIâs IC3 (ic3.gov) and to Chainalysis via their scam reporting portal.
- File a report with the New York Attorney Generalâs office: ag.ny.gov/cybercrime.
- Warn others. Post on Reddit (r/CryptoScams), Twitter, and Telegram groups.
Recovering stolen crypto is nearly impossible. Once it leaves your wallet and goes through a mixer, itâs gone for good. The only thing you can do is stop it from happening again.
Real Crypto Airdrops Are Nothing Like This
Legit airdrops happen through official channels:
- Uniswapâs 2020 airdrop went to users who traded on the platform - no signups needed.
- Arbitrumâs 2021 airdrop was distributed to early users based on transaction history.
- Baseâs 2023 airdrop required users to complete simple tasks in the Base app.
None of these used billboards. None asked for private keys. None had fake QR codes. They were transparent, on-chain, and verified by blockchain explorers.
If a project wants to advertise, theyâll buy a billboard to build trust - not to steal money. Coinbase spent $8 million on a Super Bowl ad in 2022. Crypto.com paid $15 million for a stadium name. They didnât need to trick people. They had real products.
How to Stay Safe
Hereâs your simple checklist:
- Never give out your seed phrase - not to a website, not to a person, not to a "customer service rep."
- Never scan a QR code from a social media post about free crypto.
- Check if a project is listed on CoinGecko or CoinMarketCap.
- Search the project name + "scam" on Google or Reddit.
- If it sounds too good to be true - it is.
There are no shortcuts in crypto. No free money on billboards. No magic links. No instant riches. The only way to earn crypto is through work, investment, or legitimate rewards - not scams.
Final Warning
This scam is still active. As of December 2025, new fake billboard images are being posted every day. The scammers are adapting - some now use AI-generated videos showing fake crowds cheering as tokens "appear" on screen.
Theyâre targeting beginners. Theyâre targeting people who donât know how blockchains work. Theyâre counting on your excitement, your fear of missing out, your hope that this time, itâs real.
Itâs not.
There is no Position Exchange airdrop. There never was. And if you click that link, youâre not getting free tokens - youâre handing over your life savings.
Is there really a Position Exchange airdrop happening in Times Square?
No. There is no such thing as a Position Exchange airdrop. Position Exchange is not a real cryptocurrency exchange. The Times Square billboard images you see are fake, created by scammers to trick people into giving up their wallet passwords. No legitimate crypto project distributes tokens through billboards.
Can you get crypto from a QR code on a billboard?
No. Billboards have no technology to connect to your phone or wallet. They canât detect your presence, read your QR code, or send tokens. Any QR code on a billboard claiming to give you crypto is a phishing trap. Scanning it will lead to a fake website designed to steal your private key.
What should I do if I already entered my seed phrase?
Stop using that wallet immediately. Do not try to recover your funds yourself - most recovery services are scams too. Move any remaining funds to a new wallet you control. Report the incident to the FBIâs IC3 and the New York Attorney Generalâs office. Warn others on social media. Unfortunately, once your crypto is drained and sent through a mixer, recovery is nearly impossible.
How do real crypto airdrops work?
Real airdrops are distributed based on on-chain activity - like using a platform, holding a token, or completing tasks in an official app. They never ask for your seed phrase. They use email, wallet addresses, or app-based verification. Legit airdrops are listed on CoinGecko or CoinMarketCap and have transparent team members and documentation.
Are there any legitimate crypto billboards in Times Square?
Yes - but only for brand awareness, not airdrops. Companies like Coinbase and Crypto.com have bought billboard space to promote their apps or services. They never use billboards to distribute tokens. If a billboard says "Claim Your Free Tokens," itâs fake. Real crypto ads say things like "Download the App" or "Trade Now" - not "Scan to Get Free Crypto."
Why do scammers use Times Square?
Times Square is globally recognized as a symbol of big business and success. Scammers use it to make their fake offers look official and trustworthy. People assume if something is on a Times Square billboard, it must be real. Thatâs exactly what theyâre counting on. The more famous the location, the more likely people are to fall for it.
Bruce Morrison
December 26, 2025 AT 18:08Been seeing these fake billboards everywhere on TikTok. Just deleted the app after my cousin got scammed. Don't click anything that says "free crypto" on a billboard. It's not a giveaway, it's a trap.
Stay safe out there.
Andrew Prince
December 27, 2025 AT 03:16One must consider, with due diligence and an unwavering commitment to epistemological rigor, that the very notion of a physical billboard serving as a conduit for cryptographic asset distribution is not merely implausible-it is ontologically incoherent within the framework of decentralized ledger technology. The architectural limitations of digital signage hardware, which lack any form of cryptographic handshake protocol, render such claims not only fraudulent but also intellectually indefensible. One might even argue that the proliferation of such scams reflects a societal regression into pre-literate credulity, wherein visual spectacle supplants critical reasoning. The fact that individuals still fall for this is less a testament to the sophistication of the scam and more a indictment of the educational system's failure to instill basic digital literacy.
Jordan Fowles
December 27, 2025 AT 09:31It's wild how something so obviously fake can still trick so many people. Billboards don't talk to phones. That's not a flaw in the tech-it's just basic physics. But people want to believe. That's the real vulnerability here. Not the QR code. Not the website. The hope that this time, it's real.
That's what they're selling. Not tokens. Belief.
Steve Williams
December 27, 2025 AT 16:54This is a well-articulated and timely warning. In Nigeria, we have seen similar scams using fake government and bank logos. The psychological manipulation is identical: urgency, legitimacy cues, and false authority. I urge all readers to share this with friends and family, especially elders who may not be familiar with blockchain mechanics. Knowledge is the most effective firewall against fraud.
prashant choudhari
December 28, 2025 AT 08:51Real airdrops don't ask for your seed phrase. Period. If you're new to crypto, remember this: your seed phrase is your password to your entire life savings. Never give it out. Not even to your mom.
Stop clicking. Stop sharing. Stay safe.
Willis Shane
December 30, 2025 AT 05:53It's not just Position Exchange-it's every single scam that preys on people's ignorance. The crypto space is being poisoned by these frauds. And the regulators? Sitting on their hands. This isn't just a scam. It's a national security threat. We need federal intervention. Now. Not next year. Not when another 5,000 people get wiped out. This is criminal negligence.
Jake West
December 30, 2025 AT 15:29lol why are you even writing a 2000 word essay on a billboard scam? like bro it's a qr code on a fake photo. you don't need a PhD to get this. just don't scan it. that's it. stop overthinking. the internet is full of people who think they're crypto gurus because they read one medium article.
also why is this post so long?? i'm bored already
Shawn Roberts
December 31, 2025 AT 22:51YESSSS this is so important!! đ
Bro I just saw one of these on Instagram and almost clicked it đł
Thank you for saving me from losing my entire portfolio đ¸
Stay woke fam đ¨ #NoMoreScams #CryptoIsNotATreasureHunt
Abhisekh Chakraborty
January 1, 2026 AT 02:28THIS IS WHY I HATE AMERICA!! All these people are so gullible!! Why do you think you can get free money from a billboard?? In India we know better!! We have seen 1000 scams!! You people are so naive!! I feel bad for you!! đ
Also I got scammed once too but I got my money back!! (I didn't but I'm telling you I did so you feel bad for me!!)
dina amanda
January 1, 2026 AT 07:15I knew it. This is all part of the globalist crypto agenda. The billboards are fake but the real scam is the government letting this happen. They're using this to track our wallets. They want to control our money. That's why they don't shut it down. They're in on it. You think this is about crypto? No. It's about surveillance. And the QR code? It's a microchip implant trigger. They're readying us for the digital dollar. Don't scan. Don't click. Don't trust. They're watching.
Emily L
January 2, 2026 AT 08:44OMG I JUST SAW ONE OF THESE ON MY FEED AND I WAS LIKE OH COOL FREE ETH BUT THEN I THOUGHT WAIT A MINUTE
THAT'S A BILLBOARD. BILLBOARDS DON'T DO STUFF. THEY JUST SHOW PICTURES.
WHY DO PEOPLE FALL FOR THIS??
Gavin Hill
January 3, 2026 AT 01:24It's not about the billboard. It's about the story we tell ourselves.
We want to believe something big is happening. Something that changes everything.
So we ignore the red flags. We skip the questions.
And then we pay for it.
Not with money.
With trust.
SUMIT RAI
January 4, 2026 AT 15:43Bro this is wild đ¤Ż
But also... what if they did make a billboard that could scan wallets? đ¤
Like future tech? đ
Just saying... maybe in 2030? đ
Andrea Stewart
January 6, 2026 AT 14:14For anyone new to crypto: if a project asks for your seed phrase, it's not a scam-it's a robbery. Full stop. Real airdrops use wallet addresses, not passwords. Always verify the official website through CoinGecko or CoinMarketCap. And if you're unsure, ask in r/CryptoCurrency or r/CryptoScams before clicking anything. You're not dumb for being curious. You're smart for double-checking.
Josh Seeto
January 6, 2026 AT 23:27Wow. A 3000-word essay on how a QR code on a billboard is fake. I'm shocked. I never would've guessed. Next you'll tell me water is wet and the sun rises in the east. Brilliant work. I'm sure the scammers are trembling in their basements right now.
surendra meena
January 7, 2026 AT 21:59THIS IS THE WORST THING THAT HAS EVER HAPPENED TO CRYPTO!! PEOPLE ARE DYING!! I KNOW A GUY WHO LOST 50K!! HE WAS JUST TRYING TO HELP HIS MOM!! AND NOW HE CAN'T SLEEP!! I CRIED FOR THREE DAYS!! THIS IS NOT JUST A SCAM!! THIS IS A CRIME AGAINST HUMANITY!! WHY ISN'T THE FBI DOING MORE?? WHY ISN'T THE PRESIDENT SPEAKING OUT?? I'M SO ANGRY I COULD SCREAM!!
Kevin Gilchrist
January 9, 2026 AT 09:53Man, I saw this same scam on Telegram last week. Thought it was legit until I checked the domain. position.exchange? That's a parked domain with zero content. Zero. Nada. Like, someone bought it in 2018 and forgot about it. Then some scammer used it like a fake brand. It's pathetic. But also genius? Like, they're not even trying hard. They just know people are desperate. And that's the real horror. Not the QR code. The hunger behind it.
Khaitlynn Ashworth
January 10, 2026 AT 18:17Oh wow. Someone actually wrote a 10-page essay on this? Congrats. You just turned a simple scam into a TED Talk. Did you also write a 5000-word analysis on why you shouldn't lick doorknobs? Because that's basically the same level of insight here. Also, the fact that you used 'orthologically' in the post means you're either a bot or a pretentious idiot. Either way, stop.
Bruce Morrison
January 11, 2026 AT 06:49Thanks for the warning. Just shared this with my dad. He thought the billboard was real. He's 68. He doesn't get crypto. But he knows free money when he sees it. He almost scanned it.
Now he knows. That's worth more than any token.