ATTENTION ATTENTION CRYPTOCURRENCY SCAM ON THE RISE

A family of 19 defrauding brothers of ₹1 crore is alarming. Scammers often exploit trust and lack of knowledge. Stay vigilant!

Typical cryptocurrency scam tactics:

1. Phishing: Fake emails, texts, or social media messages tricking victims into revealing private keys or login credentials.

2. Ponzi schemes: False promises of unusually high returns, with early investors paid from later investors' funds.

3. Fake ICOs (Initial Coin Offerings): Scammers create fake cryptocurrencies and convince victims to invest.

4. Social engineering: Scammers manipulate victims into transferring cryptocurrency or revealing sensitive information.

5. Fake exchanges or wallets: Scammers create fake platforms to steal funds or sensitive information.

Protect yourself:

1. Research thoroughly before investing.

2. Verify authenticity of websites, emails, and messages.

3. Use reputable exchanges and wallets.

4. Never share private keys or login credentials.

5. Be cautious of unsolicited investment offers.

Report suspicious activities to local authorities and cybersecurity organizations.

Stay informed, stay safe!