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Crypto giveaway scams continue to escalate

Group-IB has noted a fivefold increase in the number of domains used for crypto giveaway scams that involve fake YouTube streams in the first half of 2022. In addition to Vitalik Buterin, Elon Musk, and other crypto celebs, scammers started exploiting the name of Nayib Bukele, the president of Salvador. The evolution of crypto giveaway scams Crypto giveaway scams have evolved into an illicit market segment with multiple services that aim to facilitate fraudulent operations. … More

The post Crypto giveaway scams continue to escalate appeared first on Help Net Security.

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