New Crypto Scam Targets Offline Transactions: Here's How it Works

This scam targets people doing cryptocurrency transactions in person. Scammers trick victims into downloading a real crypto wallet and then manipulate the system to show fake money deposits.


Here's the trick: Scammers get you to change a setting in your wallet app to connect to a fake server they control.
What it looks like: The fake server makes it seem like they deposited money into your account.
The reality: There's no real money, and when you try to transfer it, you'll find out you've been scammed.

How to Avoid This Scam:


Be careful who you do offline crypto transactions with.
Don't change settings in your crypto wallet app unless you completely understand what you're doing.

The Bigger Picture:

This scam highlights the importance of understanding how crypto wallets work. By using a secure connection, you can avoid these types of scams.

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