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Protecting Your Cryptocurrency: How Fraudulent "Journalists" Could Take Your Money

Protecting Your Cryptocurrency: How Fraudulent “Journalists” Could Take Your Money

Scammers Pretending to be Journalists to Trick Crypto Users

As the crypto industry continues to expand, scammers are becoming more sophisticated in their attempts to steal digital assets. A recent case exposed fraudsters posing as journalists to gain the trust of their victims.

Fake Journalist Scam

Blockchain security firm SlowMist uncovered a scheme in which a swindler attempted to hijack accounts on the crypto social network friend.tech by pretending to be a journalist. The scammer tried to trick users into downloading malicious files, as reported by SlowMist’s team in a Medium post on November 13.

User Masiwei reported a scam attempt targeting friend.tech for account theft. He had been communicating with someone claiming to be a journalist at Forbes for two hours and was asked to verify his identity through a link. Masiwei sent the link to SlowMist, and its security team identified a malicious JavaScript code in it.

The attacker aimed to trick users into adding the link as a bookmark, laying the groundwork for future malicious activities. After this discovery, SlowMist issued a security alert.

Hot Take: Protect Your Digital Assets from Sophisticated Scams

It is essential to stay vigilant and protect your digital assets from increasingly sophisticated scams in the cryptocurrency sector. Always verify the identity of individuals or entities you engage with online and be cautious when asked to click on links or download files.

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Protecting Your Cryptocurrency: How Fraudulent "Journalists" Could Take Your Money