Category: Impersonation scam

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Impersonation scams in crypto, explained

To avoid impersonation scams in crypto, verify online profiles, be cautious of overly enticing offers, and employ multi-signature wallets for added security. Understanding impersonation scams in crypto In impersonation scams, fraudsters pretend to be reliable individuals, exchanges or services to trick users into sending cryptocurrencies or disclosing personal information. In the context of cryptocurrencies, due…
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Crypto scammers feel the chill: Revenue drops 46% in 2022 — Chainalysis

Falling crypto prices caused crypto scam revenue to plummet in 2022, though two scam types managed to persist. Crypto scam revenue was slashed by almost half in 2022 due mainly to falling crypto asset prices, but two scam types managed to stay immune. Crypto scam revenue in 2022, which includes investment scams, NFT scams and…
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