

Links in your social media or text messages.įor example, if you search ‘Trust Wallet,’ you could see an ad at the top of the results pretending to be from us, but it actually leads you to an imitating website. They often make false claims of being affiliated with a trustworthy entity or service.Ī phishing email that links to a phishing website. Phishing websites mimic the look and feel of a legitimate business. Since it’s possible for cybercriminals to engage in email spoofing, which involves sending an email to you that looks like it is from an authentic service, it’s essential to avoid handing over any sensitive information, such as passwords or recovery keys, via email. So when you receive an email from a crypto service where you have set up an anti-phishing code, you will know that the communication you receive in your inbox is authentic.
#Encrypto tel scam code
This code is a dedicated password typically displayed on all email communication from the service. Some crypto services have started to offer an **anti-phishing code. Otherwise, it’s a scammer communicating with you. It must match the official email addresses of a service you use. Never giving away sensitive information via email.Ĭarefully check the sender’s email address by clicking on their name. Setting up an anti-phishing code on crypto services you use. Prevent Email Phishing by:Ĭonfirming the sender of an email is who you think it is. Their email links lead you to pages requesting personal information that will compromise your funds or malware that installs itself on your device. Phishers demand you address their false claims using a method they present. The phisher needs you to believe they are contacting you from the service they are claiming to be. There’s a security vulnerability on your account. There’s a crypto giveaway or airdrop that you are eligible for. There’s suspicious activity on your account that needs to be verified. This is the most common phishing scam since it’s the easiest to deploy.Īll that an email phishing scammer needs is a mailing client that emails many at once, fake stories to lure victims, and a list of potential victims.ĭespite the simplicity, these scams vary in the story told.Įxamples of what a phisher may falsely claim: Here are the layouts of popular phishing scam methods. Popular Phishing Scams Targeting Crypto Users


So, let’s have a look at the most common crypto phishing scams you need to be aware of. Some pretend to be moderators of trustworthy groups in messaging app, such as Telegram or Discord, while others may create a fake Facebook page or website imitating a product or service.Īlthough scammers are present in all industries, the crypto world is a ripe playground as many inexperienced individuals are exploring the new space. Phishers send emails pretending to be from a service you trust. Phishing scams involve a cybercriminal imitating or faking affiliation with a trustworthy entity to obtain your personal information for fraud or to trick you into sending them funds. Read on to learn what phishing scams are, how they work, and you can protect yourself.

Phishing scams are one of the most popular ways cybercriminals try to get their hands on your crypto. Learn what crypto phishing scams are and how you can protect yourself (and your digital assets) against them.
