U.S law enforcement agency the FBI has posted a warning about a new type of crypto scam that’s gaining popularity. It involves a scammer convincing a victim to put cash into a crypto ATM to send funds via a QR code.The crypto ATM/QR scamCrypto scams cover a variety of methods, but perhaps most well-known are rug pulls, as exemplified by the recent fraud involving the Squid Game … [Read more...] about US agency FBI gives tips on dealing with the rise in crypto ATM fraud
FBI
FBI Warns of Scams Using Crypto ATMs and QR Codes
The Federal Bureau of Investigation (FBI) is warning that there has been a rise in fraudulent schemes using cryptocurrency automated teller machines (ATMs) and quick response (QR) codes to facilitate payments.The FBI said it has seen an increase in scammers directing victims to use physical crypto ATMs and QR codes to complete payment transactions.Scammers will request payment … [Read more...] about FBI Warns of Scams Using Crypto ATMs and QR Codes
The FBI issues warning to cryptocurrency users over growing threat of cybercrime
Several mainstream outlets are pushing the narrative that cryptocurrency is facing a new wave of cybercrime. According to Forbes, this is happening due to the rising valuation of cryptocurrencies.However, with environmental and mining FUD fresh on people’s minds, is this something that deserves special consideration?FBI warns cryptocurrency users of cyber threatThe Federal … [Read more...] about The FBI issues warning to cryptocurrency users over growing threat of cybercrime
FBI plans to put warning signs on Bitcoin ATMs to hinder scammers
The Cuyahoga County (U.S. state of Ohio) Scam Squad and the Federal Bureau of Investigations (FBI) have issued a public warning as scammers began to actively use Bitcoin (BTC) ATMs to defraud people, TV channel News 5 Cleveland reported on Tuesday.“Now scammers are asking you to pay in Bitcoin,” said Sheryl Harris, director of the Cuyahoga County Department of Consumer … [Read more...] about FBI plans to put warning signs on Bitcoin ATMs to hinder scammers