FBI Warns of Rising Crypto Exchange Impersonation Scams

FBI Warns of Rising Crypto Exchange Impersonation Scams

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  • FBI warns of scammers impersonating cryptocurrency exchange employees.
  • Scammers use urgent messages to trick victims into revealing account information.
  • Report cryptocurrency scams and fake job offers to the FBI’s IC3.

The FBI issued a warning about scammers impersonating cryptocurrency exchange employees to steal funds. These scammers initiate contact with victims via unsolicited calls or messages, pretending to be exchange employees. They manufacture a sense of urgency about supposed issues with the victim’s account.

Consequently, victims are tricked into providing login information, clicking on malicious links, or sharing identification details. Once the scammers gain access to the account, they swiftly steal the cryptocurrency.

Besides the primary scam technique, scammers use various tactics to enhance their credibility. They might claim there is an u…

The post FBI Warns of Rising Crypto Exchange Impersonation Scams appeared first on Coin Edition.

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