FBI Warns Against Fake Cryptocurrency Apps: Scam Size $42.7 Million

The Federal Bureau of Investigation (FBI) has released a new statement that cybercriminals have stolen millions of dollars from American investors through fake crypto investment apps.

FBI In a statement made earlier this week by at least 244 victims identified and total losses are currently $42.7 million reported to have arrived. These questionable apps are usually names of legitimate financial companies and their logos using victims on this app that they persuaded them to invest money details were specified.

The FBI found that cybercriminals communicated with US investors through fraudulent offers real-looking cryptocurrency investment services and he explained that he convinced these people to download the apps. FBI, YiBit victims of persons operating under the name of the company $5.5 million He discovered a fraudulent case. In another case, users more than $3.7 million reported to have been damaged.

Victims’ statements alleged that when they tried to withdraw their funds, they received warnings that taxes had to be paid before the money was released. However, users who pay these taxes to recover their funds they failed to reclaim their wealth as they had imagined.

federal office, Supayos or Supay He said that another app called a deposit required a deposit and then froze his funds if a user didn’t deposit the requested money after saying the minimum balance requirement was $900,000.

According to the FBI, cybercriminals “Taking advantage of the growing interest in mobile banking and cryptocurrency investments” they want. The FBI, which also warned company officials, asked businesses to warn their customers about this fraudulent activity and to make sure their logos are not used without permission. They should do regular checkups reported.

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