ChainCatcher news: According to 8world, the Singapore Police Force and the Cybersecurity Agency issued a joint statement stating that they have recently observed criminals using a variety of methods to steal cryptocurrencies from victims' cryptocurrency wallets. Their usual methods include:

  • Impersonating legitimate entities on social media, offering giveaways or promotions as bait, and asking victims to "verify" their wallets by sharing personal information such as login credentials.

  • Criminals may also impersonate the boss of a cryptocurrency company and send malicious links to victims under the pretext of assessing their abilities in the blockchain field. Once clicked, the cryptocurrency in the victim's wallet will be automatically transferred out.

  • In addition, criminals may also use phishing websites, software vulnerabilities, smart contracts, etc. to invade victims' wallets and transfer cryptocurrencies.

Singapore government departments call on the public to take preventive measures to protect their wallets, such as: using more secure offline storage devices such as hardware wallets; using stronger passwords and two-factor authentication; checking accounts frequently, etc.

If you suspect you have become a victim, you should immediately contact the cryptocurrency exchange and stop trading or freeze your account if possible; check and revoke any suspicious token authorizations; immediately transfer the remaining cryptocurrency in the affected wallet to another wallet; and notify the relevant authorities.