Beware! Scammers Are Out for Crypto Amid the Coronavirus Pandemic

Cointelegraph

Published Apr 02, 2020 03:51PM ET

Updated Apr 03, 2020 04:00AM ET

As the world continues to battle with the deadly coronavirus pandemic, immoral cybercriminals are once again on the prowl. This time, they are using the chaos and fear through phishing techniques and sophisticated malware hacks to access people’s crypto holdings.

On March 27, residents in the United Kingdom received warnings from their local councils “to be on their guard against a series of scams attempting to take advantage of the coronavirus outbreak.” Scammers have been using other tricks to lure victims, including the use of false Bitcoin (BTC) donation channels, fake maps of the coronavirus’s spread that steal private data from computers and that install ransomware programs that can only be unlocked with Bitcoin.

Continue Reading on Coin Telegraph