The media reported on popular schemes to deceive Russians when exchanging bitcoin


Over the past year, Russians have been actively turning to cryptocurrencies, in particular stablecoins, for cross-border transfers and payments against the backdrop of financial restrictions and sanctions. However, scammers began to take advantage of this situation, writes Forbes.

The publication listed three of the most popular fraud schemes that can be encountered when buying and selling digital assets.

One of them is called “triangle”. You can get into it when searching for the most favorable exchange rate on the websites of large exchangers or in Telegram chats.

A swindler who is in correspondence on behalf of a crypto exchanger contacts the real platform after the transaction agreement and informs that a courier with cash will come to them. As a result, the victim transfers money on the spot and sends his wallet data to Telegram, in correspondence with the attacker. He, in turn, sends his address to the company.

This scheme is designed for beginners. Fraudsters often create websites similar to popular crypto exchanges or place ads on their behalf in Telegram chats.

However, even when using exchange P2P services, you can become a victim of “fishing”. The buyer of cryptocurrencies sets the most attractive transaction price, and then quickly changes it to a less profitable one. The calculation of the attacker in this case is based on the carelessness of the user.

Sometimes, in order to lull the vigilance of novice users of P2P platforms, they are offered to make a test transaction for a small amount. It is successful, and often at a favorable rate. When the victim is ready for a large transfer, the scammer sends him a cryptocurrency, but cancels the transaction immediately after the rubles are credited to the account, until the P2P platform receives confirmation of the transaction.

Scammers are constantly improving their tricks – there are already known cases of imitation of a money transfer using false checks, scammers offering to make transactions outside the P2P platform in order to save on commissions, and even creating accounts similar to the technical support of the exchange.

There are no exact statistics on the number of victims in the Russian Federation yet.

Earlier, CryptoNewsHerald reported that after the ban on foreign exchange transactions in Russia, the black cryptocurrency market became more active.

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