#CryptoScamSurge

About Cryptocurrency Fraud

Cryptocurrency fraud is a variety of cyber crimes aimed at stealing cryptocurrencies like Bitcoin.

Types of Cryptocurrency Fraud

Cryptocurrency fraud can take the following forms:

Fake cryptocurrency websites and wallets. Fraudsters create a fake website that mimics a well-known cryptocurrency exchange or a fake wallet. It can be difficult to distinguish this site from the real thing because the domain name and website design are very similar to the original. Users visit the fake website and enter their sensitive information, which is then exposed to the fraudsters.

Cryptocurrency phishing. Fraudsters create phishing links that lead to fake websites, cryptocurrency exchanges, or investment platforms. These links are then sent via email to victims or posted on other websites. Users click on the links, losing their data or money.

Fake investments in a "new" cryptocurrency. Fraudsters create a fake proposal to invest in a new project, for example, a new cryptocurrency.