What is Mining Staking Theft?
"Mining and staking theft" is a scam that usually involves the field of virtual currency. Criminals may use various methods to attract people to participate in so-called mining and staking activities, and then take the opportunity to steal users' virtual currencies (such as USDT).
For example, some scammers will set up a fake DeFi website, claiming to provide high returns, and make users feel that the funds can be kept in their own wallets without pledge. At the beginning, they may indeed give users some "high returns". After attracting a large number of users to invest funds, they will directly deduct all the money in the wallets of authorized people and run away.
Another method of fraud is to steal coins through airdrops. For example, worthless air coins are randomly issued and transferred to some users. When users see that the coins are valuable and want to sell them, the fraudsters will post false sales methods online and guide users to specific websites. They obtain users' authorization in the name of paying small mining fees, and then steal the virtual currency in the user's wallet.
How to prepay and avoid theft
Be cautious about investment opportunities that offer excessively high returns, especially when they involve unfamiliar areas such as virtual currencies.
Carefully identify the source of information and avoid operating on unreliable platforms or websites.
Do not arbitrarily authorize or provide relevant permissions to your personal wallet to prevent the theft of virtual currency.
Be careful to protect important data such as personal information and wallet mnemonics, and do not take screenshots or copy and save them where they can be read.
Understand the relevant knowledge and risks of virtual currency, and do not invest blindly.