BUSINESS

Scammers posing as cryptocurrency exchanges

Wallet providers and sending emails or messages requesting your login information or private keys is one of the most common phishing schemes. They will be able to access your account and steal your money once they have this information.

Never respond to an unsolicited email or message with your personal information in order to avoid phishing scams. Assuming you get an email or message that looks dubious, twofold actually take a look at the shipper’s location and snap on no connections.

Fake Initial Coin Offerings (ICOs) are a type of crowdfunding campaign in which a company issues tokens that can be traded on a cryptocurrency exchange. These tokens are known as initial coin offerings (ICOs). However, in recent years, numerous bogus initial coin offerings (ICOs) have been launched with the sole purpose of deceiving investors into parting with their cash.

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