Crypto Mufasa
Advertise
  • Crypto News
    • General News
    • Bitcoin News
    • Altcoin News
    • Ethereum News
  • NFT NEWS
  • Beginner Guides
  • Price Predictions
  • Crypto Prices
No Result
View All Result
  • Login
  • Register
  • Crypto News
    • General News
    • Bitcoin News
    • Altcoin News
    • Ethereum News
  • NFT NEWS
  • Beginner Guides
  • Price Predictions
  • Crypto Prices
No Result
View All Result
Crypto Mufasa
No Result
View All Result
Home General News

Crypto Scams! Alert! Robocallers Are Now Attacking Your Cryptocurrency

Hania by Hania
December 27, 2022
in General News, Beginner Guides
Reading Time: 5 mins read
A A
0
Crypto Scams! Alert! Robocallers Are Now Attacking Your Cryptocurrency
Share on FacebookShare on Twitter
ADVERTISEMENT

Robocallers are targeting young people because they can easily gain a lot of information through their social media profiles.

In this new technology era, everyone is working to improve themselves. No matter if it’s the car, pharmaceutical, or weapons industry. How will robocallers escape being noticed? The people who make robocalls are known as robocallers.

It is a call that uses auto-dialling software to reach millions of individuals daily with pre-recorded messages. Most of those are done in order to commit fraud.

After demanding money from victims, robocallers are now strengthening their services. They have mastered their expertise. These individuals have created a company for themselves. These groups are now targeting cryptocurrency consumers in the wake of FTX’s collapse.

You May AlsoLike

How To Generate Passive Income With Index Funds And ETFs

How To Generate Passive Income With Index Funds And ETFs

September 19, 2023
Singapore Has Banned The Founders Of Three Arrows Capital From Trading For 9 years

Singapore Has Banned The Founders Of Three Arrows Capital From Trading For 9 years

September 14, 2023

However, countless numbers of automated calls and texts are being sent in an effort to obtain sensitive data and money.

Crypto Scams! Alert! Robocallers Are Now Attacking Your Cryptocurrency

United States Robocall Data

US residents received more than 28 billion robocalls in 2022, according to YouMail’s monthly robocall data. The data shows that US citizens are being exposed to poorly structured robocalls at an increasing rate, most of which are dismissed by recipients because of security and privacy concerns.

Only the first half of the year is represented by this data. By the end of the year, it will be huge. One of the most frequent sources of robocalling activity was toll-free numbers. In the US, robocaller typically targets young people.

An upsurge in robocalls is observed by Truecaller

When the market started to become volatile earlier in 2022, Truecaller also noted a spike in fraudulent calls regarding Bitcoin and other cryptocurrencies, according to LiaBraaten.

Agents who are ultimately attempting to steal money send out a million automated robocalls and SMS. He said it represents an attempt to gain from people’s fear, curiosity, and occasionally kindness.

According to Truecaller, impostor scams typically involve a scam artist portraying a help desk or another similar institution from a big cryptocurrency exchange or business.

The CEO of truecaller suggested avoiding interactions with anyone who calls or texts and seeks personal information or passwords and sticking to official channels, regardless of one’s ability to detect a scam.

CEO Changpeng expresses worry on robocallers

Earlier in February, Changpeng “CZ” Zhao, CEO of Binance, issued a warning regarding a “massive” SMS phishing scam targeted at Binance users. Generally, robocallers are responsible for these frauds.

By sending them a text message with a link to cancel withdrawals, users were tricked into visiting a fake website and having their login information collected.

Also Read:

Cryptojacking: What is it, and Why Attacks on it are Increasing Globally?

What Is A Crypto Dusting Attack And How Do I Avoid It?

Tags: crypto scamCryptocurrenciesfraudphishing scamRobocallUS
Share76Tweet47
ADVERTISEMENT
Previous Post

OKX: An All-in-one Trading Platform That Supports Cryptos, Derivatives, Staking, And Lending

Next Post

Breaking: Sam Bankman-Fried bought Robinhood stock using $546 million from Alameda Research

Hania

Hania

Hania is a 30-year-old blogger who used to be a teacher before entering the world of writing. She is originally from India and has been writing blogs on various topics for 2 years now. Hania is particularly interested in exploring the intersections of finance, technology, and cryptocurrency. Her experience as a teacher has given her unique insights into the ways in which digital media can be used to facilitate learning and engagement. Through her writing, Hania hopes to share her knowledge and learning of crypto industry with everyone.

Related Posts

How To Generate Passive Income With Index Funds And ETFs
General News

How To Generate Passive Income With Index Funds And ETFs

September 19, 2023
Singapore Has Banned The Founders Of Three Arrows Capital From Trading For 9 years
General News

Singapore Has Banned The Founders Of Three Arrows Capital From Trading For 9 years

September 14, 2023
Crypto Insurance: Can You Safeguard Your Investments In The Digital Realm?
Beginner Guides

Crypto Insurance: Can You Safeguard Your Investments In The Digital Realm?

September 12, 2023
Check Out These 7 Major Crypto Token Unlocks This Week
General News

Check Out These 7 Major Crypto Token Unlocks This Week

September 11, 2023
Initial Coin Offering (ICO) vs. Security Token Offering (STO): A Comparative Exploration
Beginner Guides

Initial Coin Offering (ICO) vs. Security Token Offering (STO): A Comparative Exploration

September 8, 2023
Crypto And Taxes: A Step-by-Step Guide To Monitoring And Reporting Transactions
Beginner Guides

Crypto And Taxes: A Step-by-Step Guide To Monitoring And Reporting Transactions

September 6, 2023
Next Post
Breaking: Sam Bankman-Fried bought Robinhood stock using $546 million from Alameda Research

Breaking: Sam Bankman-Fried bought Robinhood stock using $546 million from Alameda Research

Discussion about this post

Live Prices

Stay Connected

You May Also Like

  • Terra Classic Price Prediction: What Is an Ideal LUNC Buy Zone?

    Terra Classic Price Prediction: What Is an Ideal LUNC Buy Zone?

    200 shares
    Share 80 Tweet 50
  • Shiba Inu (SHIB) Records 5% Jump as Shibarium Pessimism Fades Away

    194 shares
    Share 78 Tweet 49
  • Elon Musk’s Silence And Its Impact On DOGECOIN

    194 shares
    Share 78 Tweet 49
  • Grayscale vs. SEC Decision Boosts XRP

    194 shares
    Share 78 Tweet 49
  • DogeCoin Soars With Elon Musk’s Latest Move

    194 shares
    Share 78 Tweet 49
  • About Us
  • Contact Us
  • Work With Us
  • Privacy Policy
  • Terms Of Service

© 2022-2023 CryptoMufasa - All Rights Reserved!

No Result
View All Result
  • General News
  • Beginner Guides
  • Bitcoin News
  • Ethereum News
  • Altcoin News
  • NFT News
  • Price Predictions
  • Google News

© 2022-2023 CryptoMufasa - All Rights Reserved!

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

*By registering into our website, you agree to the Terms Of Services and Privacy Policy.
All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.