paid influencers, offline promotion, and so on. This is designed to reach as many people as possible in the shortest time possible – to raise money fast. If you feel that the marketing for a crypto offering seems heavy
Cryptocurrencyis a common target of Cash App scams since it’slargely anonymous and nearly impossible to recover. Scammers message you claiming huge returns if you invest a small amount of cryptocurrency, but you’ll never see any returns. Crypto scammers also use hacked social media accounts to...
Similarly, you may encounter a fake wallet app. The bogus interface requests your seed phrase or prompts you to send your crypto to your “new wallet”, which is just the scammer’s wallet. A great example is thefake Trezor wallet app, which appeared in the Apple App Store and pretends ...
A social engineering attack manipulates people into divulging confidential information or performing actions that can give a scammer access to your crypto. Phishing for sensitive information—such as usernames, passwords, or your private keys—by pretending to be trustworthy is a type of social enginee...
A new research report out today from Visa (NYSE: V), in partnership with Wakefield Research,“Fraudulese: The Language of Fraud,”brings to light that when it comes to spotting scams, cybercriminals are finding vulnerabilities among even the most tech-savvy consumers. While nearly half of the...
A lot of the fishing for recovery scam victims starts on social media. Probably on a site where the discussion of crypto scams are taking place. A scammer will post a comment, saying to the crypto victim “you should talk to my friend, who helped me get my funds back,” explains Nick...
The sole purpose of this site is to log the user’s username and password. Once the user tries to log in, he basically transmits his sensitive info to the scammer. How to avoid –Always be suspicious of emails asking you to log into a specific service. Double-check the “from” email...
Once the victim depends on the scammer for their emotional connection, the scammer introduces the idea of making an investment and uses fake crypto platforms to demonstrate returns. The scammers may use legitimate sounding cryptocoins and platforms. Victims can invest and "see" strong returns online...
Individuals aren't the only victims. How often have we read in the headlines that significant corporations are literally being held hostage by scammers who've obtained proprietary information? The thieves demand to pay in Crypto, which is untraceable. ...
crypto scammers will do anything to take your crypto. To protect your crypto assets, it helps to know when and how you’re being targeted and what you can do if you suspect that a cryptocurrency or any communications