CISA alerts crypto investors to rising impersonation scams
Share link:In this post: CISA warns about a rise in impersonation scams using the names and titles of government employees to deceive crypto investors. CISA staff will never request money, cash, cryptocurrency, or gift cards and advises to verify suspicious contacts by calling them directly. The FTC recently warned about romance scams involving cryptocurrencies, urging consumers to cut off contact with suspicious online love interests.Disclaimer. The information provided is not trading advice. Cryptopolita
The Cybersecurity and Infrastructure Security Agency (CISA) has issued a warning about the increasing number of impersonation scams targeting crypto investors. These scams frequently use the names and titles of government employees to deceive victims.
Also Read: Investment fraud epidemic: Crypto scams dominate U.S. losses
The alert , released on June 12, states that CISA staff will never ask for money wiring, cash, cryptocurrency, or gift cards. The surge in these scams calls for heightened awareness and skepticism when dealing with unsolicited requests involving money or personal information.
Impersonation scams go rampant in crypto
“If you suspect you are a target of an impersonation scammer claiming to be a CISA employee, do not pay the caller,” the CISA advises. Instead, take note of the phone number calling you, hang up immediately, and validate the contact by calling CISA directly at (844) SAY-CISA (844-729-2472). Reporting the scam to law enforcement is also strongly recommended.
Impersonation scams are becoming more frequent and sophisticated. Scammers often use official-sounding titles and names to trick people into believing they are legitimate government employees. These fraudsters will request victims to wire money, send cash, transfer cryptocurrency, or buy gift cards.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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