To win over crypto cybercriminals, the UK’s tax authority HM Revenue and Customs (HMRC) wants to deploy a tech tool. The tool can help it identify cybercriminals trading in cryptocurrencies. It will be purely based on blockchain technology to effectively combat crypto cybercriminals. For this reason, the tax agency from Britain is now inviting suitable […]
Bitcoin scammers find their way to extort money. If one way shuts for them, other ways tremendously get open for them. Despite strict regulations, the crypto scammers are now abandoning the cryptocurrency stealing and shifting their focus to prepaid debit cards. Kaspersky Lab (the cybersecurity company) releases the original findings. In its recent blog post, […]
When there are complex financial products involved, there’s a fraud. As cryptocurrencies have become mainstream, many people become aware that there’s a lot of money to be made in it. However, most people aren’t experts, and fraudsters/scammers know this. Thus, people fall into crypto scams and lose their hard-earned money.
An FCA masked scam email has been moving around encouraging users to make crypto investments. These fraud emails claim to be from the UK Financial Conduct Authority (FCA) and try to lure the users into the trap. These fraudsters use the branding and logo of the FCA to make it appear more real to the prey. The scam email assures the users a guaranteed chance of earning on investments…