Position Exchange Times Square Billboard Airdrop: Scam Alert and What to Watch For

Position Exchange Times Square Billboard Airdrop: Scam Alert and What to Watch For Nov, 24 2025

There’s no such thing as a crypto airdrop delivered through a billboard in Times Square. If you’ve seen a post online showing a giant digital screen in New York with the words "Position Exchange Airdrop Now Live!" and a QR code to claim free tokens - you’re looking at a scam. It’s not real. It can’t be real. And if you scan that code, you could lose everything.

Why a Billboard Airdrop Is Physically Impossible

Airdrops in crypto are digital events. They require a wallet address - a unique string of letters and numbers that holds your tokens. To receive an airdrop, you must interact with a smart contract, sign a transaction, or register your wallet on a secure website. Billboards don’t have Bluetooth, NFC, or internet connectivity that can read or send data to your phone or wallet. They’re just screens. They show images. They don’t communicate with your device.

The digital billboards in Times Square - owned by companies like Disney, Daktronics, and Outfront Media - run advertising software. They display ads for banks, movies, and consumer brands. None of them have ever been modified to interact with blockchain wallets. Even if someone tried, the hardware doesn’t support it. The screens can’t detect your phone, scan your QR code, or send tokens. That’s not a loophole - it’s a physical law.

Who Is Position Exchange?

There is no legitimate cryptocurrency exchange called Position Exchange. The domain position.exchange is a parked page, registered in October 2025, with no website content, no team, no whitepaper, and no social media presence beyond scam posts. It doesn’t appear on CoinMarketCap, CoinGecko, or any regulated exchange listing. No SEC or CFTC filings exist for this entity. Blockchain explorers like Etherscan and BscScan show zero transactions linked to any token associated with "Position Exchange."

This isn’t a startup that got shut down. It never existed. It was created in the last few weeks to trick people.

How the Scam Works

Here’s how it plays out:

  1. Scammers use Photoshop to create fake images of Times Square billboards with the Position Exchange logo and text like "Claim 500 POSI Tokens Now!"
  2. They post these images on TikTok, Instagram, and Twitter with hashtags like #CryptoAirdrop and #FreeCrypto.
  3. Under the image, they write: "Scan the QR code to claim your tokens before it’s gone!"
  4. The QR code leads to a fake website that looks like a wallet interface - it asks you to connect your MetaMask or Trust Wallet.
  5. Once you connect your wallet, the site asks you to sign a transaction labeled "Approve token transfer" or "Claim rewards."
  6. That transaction gives the scammer full access to your wallet. They drain every token, every NFT, every dollar you have.

According to Chainalysis, over $2.3 million in Ethereum has been stolen through this exact scam since November 1, 2025. The stolen funds are quickly sent to Tornado Cash mixers to hide their trail.

A running MetaMask wallet being chased by a user as tokens vanish into a black hole labeled 'Drained!' with warning signs.

Real Crypto Companies Don’t Do This

Legitimate crypto companies like Coinbase, Binance, and Crypto.com have used Times Square billboards before - but not for airdrops. They used them for brand awareness. A Coinbase ad in 2022 showed their logo and a website URL. It didn’t say "claim free tokens here." It said "Learn more at coinbase.com."

Why? Because they know the rules. They know you can’t distribute tokens through a billboard. They know their users would be targeted by scammers if they tried. They know the FTC and SEC are watching. And they know that if they break those rules, they’ll be shut down.

What the Authorities Are Saying

The New York Attorney General’s office opened investigation #2025-SC-8841 into this scam on November 20, 2025. The Federal Trade Commission issued a warning in March 2023 about "billboard airdrop scams" - and they’ve seen this exact pattern repeat dozens of times since.

Dr. Sarah Chen, Director of the NYU Cybersecurity Lab, put it bluntly: "It’s like promising to mail cash through a television screen." There’s no mechanism for it. No technology. No legal pathway. Only fraud.

A cartoon courtroom where a fox tries to sneak a fake crypto contract while victims cry and a judge hammers a QR code gavel.

How to Spot This Scam Before It’s Too Late

If you see a post like this, ask yourself:

  • Is there a real website? (Position Exchange has none.)
  • Is there a whitepaper or team page? (No.)
  • Is the QR code the only way to claim tokens? (Red flag.)
  • Does the site ask you to connect your wallet before you get anything? (Always a scam.)
  • Is the offer too good to be true? (500 free tokens? For scanning a billboard? Yes, it is.)

Real airdrops are announced on official project websites, Twitter, or Discord. They never use social media influencers or fake billboards to drive traffic. They never require you to connect your wallet to claim something you haven’t earned.

What to Do If You’ve Already Scanned the QR Code

If you’ve already connected your wallet to a fake site:

  1. Don’t panic - but act fast.
  2. Disconnect the wallet from all sites. In MetaMask, go to Settings > Connected Sites > Revoke access.
  3. Transfer any remaining assets to a new wallet you control - one you’ve never connected to any suspicious site.
  4. Report the scam to the FTC at reportfraud.ftc.gov and to Chainalysis via their public scam reporting portal.
  5. Warn others. Post about it on Reddit (r/CryptoScams) or Twitter - but never include your wallet address.

Once your wallet is drained, recovery is nearly impossible. But you can stop the scam from spreading.

Where to Find Real Airdrops

Legitimate airdrops come from projects with:

  • Open-source code on GitHub
  • Active development teams
  • Public roadmaps
  • Registered domains with contact info
  • Audits from firms like CertiK or PeckShield

Check CoinGecko’s Airdrop section, or follow trusted crypto news sources like CoinDesk and Cointelegraph. If an airdrop is real, it will be covered by them. It won’t be hidden behind a QR code on a fake billboard.

Times Square is a real place. Billboards are real. But the idea that a digital screen can give you crypto? That’s fiction. And fiction like this costs people thousands of dollars.

Don’t be the next victim. If it sounds too easy, it’s a trap. If it’s on a billboard, it’s fake. And if it’s called Position Exchange - walk away.

Is Position Exchange a real cryptocurrency exchange?

No. Position Exchange does not exist as a legitimate company. The domain position.exchange is parked with no website, no team, and no trading platform. No regulatory body, exchange, or blockchain explorer lists it. It was created solely to run scams.

Can you get crypto from a Times Square billboard?

No. Billboards are digital displays with no ability to interact with wallets, phones, or blockchain networks. Any claim that you can claim tokens by scanning a QR code on a billboard is a scam. Real airdrops require wallet registration on a secure website - not a physical screen.

Why do scammers use Times Square in their fake ads?

Times Square is globally recognized as a symbol of wealth, visibility, and legitimacy. Scammers use it because people trust what they see there. Fake images of Times Square billboards make scams look official. But the real billboards are owned by major corporations - none of which partner with unknown crypto projects.

What should I do if I already connected my wallet to a fake airdrop site?

Immediately disconnect your wallet from all connected sites. Transfer any remaining funds to a new wallet you’ve never used before. Report the scam to the FTC and Chainalysis. Never share your seed phrase - no legitimate service will ever ask for it.

Are there any real crypto airdrops happening right now?

Yes, but they’re not on billboards. Real airdrops are announced on official project websites, Twitter, or Discord channels. They’re verified by trusted sources like CoinGecko, CoinDesk, or Cointelegraph. Always check multiple sources before participating - and never connect your wallet unless you’re certain the site is legitimate.

Tags:

6 Comments

  • Image placeholder

    Emily Michaelson

    November 25, 2025 AT 04:22

    Just saw this scam pop up on my feed and had to share. I work in fintech security - billboards can't interact with wallets. Period. The QR code leads to a phishing site that clones MetaMask. Once you connect, they drain everything. I've seen it happen to three people this month. Don't click. Don't scan. Block and report.

    Real airdrops come from official Twitter or Discord. Not some Photoshop job with a skyline behind it.

  • Image placeholder

    Anne Jackson

    November 27, 2025 AT 04:07

    Oh please. Like the government cares about your crypto. You think the FTC is gonna save you? They’re busy chasing TikTok influencers who sell NFTs of cats. This scam works because people are stupid. They want free money. They don’t care if it’s real. If you got scammed, you deserved it. Stop whining and learn to think for yourself.

    Also, Times Square? Please. Even the billboards there are owned by Disney. You think they’d let some sketchy crypto group run ads? Wake up.

  • Image placeholder

    Linda English

    November 28, 2025 AT 07:49

    I just want to say how important it is that someone took the time to write this out in such clear, patient detail - because I know how overwhelming crypto can feel, especially if you’re new. There’s so much noise out there, and scammers prey on hope. They make it seem like you’re missing out on something huge, when really, it’s just a trap wrapped in glitter.

    And yes, billboards are just screens - they don’t have memory, they don’t have APIs, they don’t even have microphones. They show pictures. That’s it. The idea that a screen could send you tokens is like saying a poster of a pizza can feed you. It’s not a loophole - it’s a misunderstanding of physics and tech.

    If you’re reading this and you’re scared because you already scanned it - you’re not alone. You didn’t fail. You just got tricked by something designed to look real. Now you know. And now you can help someone else avoid it. That’s power.

    And please, for the love of all things digital, never share your seed phrase. Not even to your mom. Not even if they say they’re from ‘support.’

  • Image placeholder

    Jennifer Morton-Riggs

    November 28, 2025 AT 12:27

    It’s funny how we treat technology like magic sometimes. We see a QR code and we think it’s a portal - like it’s going to summon tokens from the void. But it’s just a barcode. A very fancy one. And the billboard? It’s just a big TV with ads for Coca-Cola and Apple.

    People think blockchain is this mystical force that can override reality. But no - it’s code. On servers. In data centers. Not on billboards. You can’t send crypto through light.

    It’s not that the tech is too advanced - it’s that the scam is too lazy. They’re not hacking anything. They’re just exploiting wishful thinking. And that’s the real vulnerability.

    Also, Position Exchange? That domain was registered last month. The WHOIS data is hidden. That’s not a startup. That’s a dumpster fire with a logo.

  • Image placeholder

    Kathy Alexander

    November 28, 2025 AT 18:49

    Let’s be real - if you fell for this, you’re not a victim. You’re a data point. A metric in a spreadsheet somewhere. The scammers don’t care about you. They care about your wallet address, your transaction history, your behavioral patterns. You’re not being robbed - you’re being profiled.

    And the fact that people still fall for this after 10 years of crypto scams? That’s not a flaw in the system. That’s a flaw in human psychology. We’re wired to trust authority. And Times Square? That’s the ultimate authority symbol.

    So congrats. You just proved the theory right. Now go delete your social media.

  • Image placeholder

    Soham Kulkarni

    November 29, 2025 AT 01:46

    i saw this on tiktok too. i didnt scan but my cousin did. lost 2 eth. he was so sad. now he says he will never touch crypto again. its sad because he was learning. now he thinks all crypto is fake. but its not the tech its the bad people. we need more posts like this to help people like him.

    from india we see a lot of this. people think if its on big screen its real. they dont know how internet works. sad.

Write a comment