THELOGICALINDIAN - Cryptocurrency barter Binance has warned investors of a massive phishing betray via SMS The scammers beatific SMS letters to crypto users allegorical them of a abandonment appeal from an alien IP abode they may appetite to cancel
Massive Phishing Scam Targeting Crypto Investors
Binance CEO Changpeng Zhao (CZ) tweeted Friday:
According to the Binance boss, scammers beatific SMS letters to cryptocurrency investors advertence that a abandonment has been requested from an alien IP address. The bulletin again asks investors to bang a articulation to abolish the abandonment request. However, the articulation leads to a phishing website that will attack to abduct accreditation from investors.
The Binance CEO added brash that users should consistently go anon to the Binance website via a bookmark or blazon the URL into the browser. He stressed:
Binance is not the alone cryptocurrency barter that has been targeted by scammers application SMS betray tactics. In August aftermost year, the Nasdaq-listed cryptocurrency barter Coinbase analogously warned of a phishing betray targeting Coinbase users.
Scammers accept additionally approved added SMS letters to allurement investors to bang on their phishing links. According to some examples acquaint by Coinbase, one bulletin reads, “New login. Not you? attenuate at [URL].” Several others acquaint investors that they accept accustomed some bitcoin, allurement them to verify the affairs or artlessly appearance them.
SMS scams are amid the abounding types of scams that accept been targeting cryptocurrency investors. In January, the U.S. Federal Trade Commission (FTC) warned of cryptocurrency scams application social media and crypto ATMs.
Recently, blockchain analytics belvedere Chainalysis appear that scammers raked in a almanac $14 billion in cryptocurrency aftermost year. The close additionally acclaimed that Indians visited crypto betray websites about 10 actor times aftermost year.
What do you anticipate about SMS scams targeting crypto investors? Let us apperceive in the comments area below.
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