Thieves have started hunting thieves

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Recently, a scheme of fraud has become widespread, where criminals target the assets of other dishonest cryptocurrency users. Thieves provoke people into what seems like an easy-to-execute theft, thereby luring them into a trap.

Fraudsters, pretending to be naive cryptocurrency users, write messages in chats or comments on social media, in which they ask for help in withdrawing cryptocurrency. In such messages, they provide a secret phrase of 12 or 24 words (seed-phrase), which serves as a key to access a cryptocurrency wallet. The trick is aimed at those people who decide to use this key to gain access to a 'newbie's' cryptocurrency wallet and withdraw money from it.#BtcNewHolder