2 years ago
Cryptocurrency speech Binance has warned investors of a “massive phishing scam via SMS.” The scammers sent SMS messages to crypto users informing them of a withdrawal petition from an chartless IP code they whitethorn privation to cancel.
Massive Phishing Scam Targeting Crypto Investors
Binance CEO Changpeng Zhao (CZ) tweeted Friday:
There is simply a monolithic phishing scam via SMS with a nexus to cancel withdrawals. It leads to a phishing website to harvest your credential arsenic successful the screenshot below.
According to the Binance boss, scammers sent SMS messages to cryptocurrency investors stating that a withdrawal has been requested from an chartless IP address. The connection past asks investors to click a nexus to cancel the withdrawal request. However, the nexus leads to a phishing website that volition effort to bargain credentials from investors.
The Binance CEO further advised that users should ever spell straight to the Binance website via a bookmark oregon benignant the URL into the browser. He stressed:
Never click connected links from SMS.
Binance is not the lone cryptocurrency speech that has been targeted by scammers utilizing SMS scam tactics. In August past year, the Nasdaq-listed cryptocurrency speech Coinbase likewise warned of a phishing scam targeting Coinbase users.
Scammers person besides tried different SMS messages to lure investors to click connected their phishing links. According to immoderate examples posted by Coinbase, 1 connection reads, “New login. Not you? disable astatine [URL].” Several others pass investors that they person received immoderate bitcoin, asking them to verify the transactions oregon simply presumption them.
SMS scams are among the galore types of scams that person been targeting cryptocurrency investors. In January, the U.S. Federal Trade Commission (FTC) warned of cryptocurrency scams utilizing social media and crypto ATMs.
Recently, blockchain analytics level Chainalysis revealed that scammers raked successful a grounds $14 billion successful cryptocurrency past year. The steadfast besides noted that Indians visited crypto scam websites astir 10 cardinal times past year.
Tags successful this story
What bash you deliberation astir SMS scams targeting crypto investors? Let america cognize successful the comments conception below.
Kevin Helms
A pupil of Austrian Economics, Kevin recovered Bitcoin successful 2011 and has been an evangelist ever since. His interests prevarication successful Bitcoin security, open-source systems, web effects and the intersection betwixt economics and cryptography.
Image Credits: Shutterstock, Pixabay, Wiki Commons
Disclaimer: This nonfiction is for informational purposes only. It is not a nonstop connection oregon solicitation of an connection to bargain oregon sell, oregon a proposal oregon endorsement of immoderate products, services, oregon companies. Bitcoin.com does not supply investment, tax, legal, oregon accounting advice. Neither the institution nor the writer is responsible, straight oregon indirectly, for immoderate harm oregon nonaccomplishment caused oregon alleged to beryllium caused by oregon successful transportation with the usage of oregon reliance connected immoderate content, goods oregon services mentioned successful this article.
English (US) 