The FBI has issued a warning about scammers posing as crypto exchange employees to steal users' funds.
The scammers are contacting users via calls or messages claiming there are problems with their accounts on the exchange.
These scammers often create a sense of urgency by urging victims to act quickly to protect their accounts. They may request access codes, click on malicious links, or provide personal information to gain unauthorized access to users’ digital assets.
The FBI advises users to ignore such calls or messages, even if they appear official. Instead, users should end the correspondence and contact the cryptocurrency exchange directly using its official phone number. The agency cautions against using any contact information or links provided by the caller.
Users should not share login details, download files or click on links sent by the scammers. If they are the target of a scam, victims should report the situation to the FBI and provide details of the transactions related to the scam.
Additionally, the agency has noted an increase in the number of scams involving fake work-from-home jobs. Scammers use job postings to trick consumers into making crypto payments for supposed job opportunities, but the funds are stolen.
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Ben Armstrong, known in the crypto community as BitBoy, has recently been arrested in Florida, creating waves throughout the digital currency space.
A security flaw in Abracadabra’s smart contracts has led to a major exploit, with a hacker draining around 6,262 ETH—valued at roughly $13 million—from the protocol’s liquidity pools.
Cryptocurrency scams are becoming an increasing threat as the market grows, with fraudsters creating fake platforms to lure unsuspecting investors.