New Method of Crypto Money Scams Revealed

Today, we are witnessing the development of not only the crypto money exchange, but also the methods of crypto money fraudsters. A brand new method has emerged that crypto money fraudsters have been using recently.
 New Method of Crypto Money Scams Revealed
READING NOW New Method of Crypto Money Scams Revealed

We are witnessing a wide variety of robberies, especially in the crypto money exchange, which has been developing rapidly for the last 2 years and increasing in value day by day. Opportunists continue to target investors with the new methods they have developed.

A Twitter user’s post recently revealed a new method of cryptocurrency fraudsters. Reporting that scammers accessed users’ accounts with gift tokens, authorities warned digital investors to be more careful against opportunists.

Scammers are sending gift tokens

The new method used in cryptocurrency exchange robberies first emerged with the shares of a software developer on social media. The software developer announced that he was defrauded while thinking that he received gift tokens allegedly worth 30 thousand dollars from an unknown person. He warned his followers not to interact with those promising free tokens. “Scammers send users airdrop tokens and lure people to a site where they are said to be able to sell their assigned tokens,” said Tom Robinson, who analyzes companies providing cryptocurrency services. However, this site steals whatever is in their wallets. ” said.

The scammers send free tokens to the people they target, directing them to a site that looks like a cryptocurrency exchange where the tokens can be sold. Users are expected to log into this site, which was originally designed for identity theft. With users logging into the site, fraudsters gain access to crypto wallets thanks to users’ credentials.

Stating that this method is very new, Robinson stated that recently, identity theft attempts by fraudsters to seize virtual wallets have increased considerably.

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