New Target of Credit Card Scams Revealed: Cryptocurrencies and Wallets
Everyone knows the popularity of cryptocurrencies now. Even if you go to the hairdresser in the neighborhood, someone says, " Brother, they say this coin is good, I bought it" or "There was a bit of this coin, I sold it ". There is a high interest in crypto not only in our country, but also in the world .
Such intense interest, of course, attracts malicious people to crypto. According to the latest news, cryptocurrencies are now the target of credit card fraudsters in Australia. This time, the approach of the scammers is also different.
The amount of money lost in blockchain has increased
In the blockchain world, malicious people who previously sought to steal funds and defraud people with fake accounts , are now emerging as the responsible for lost cryptocurrencies. According to the Sydney Morning Herald report, the amount of money lost in the crypto sector is increasing.
Scammers now want to pay with cryptocurrencies . The basis of these requests is the anonymity provided by blockchain technology. Thus, the fraudster who receives the payment can take the money and get lost in a way that is almost impossible to track.
In a study conducted by the Australian Competition and Consumer Commission , it was revealed that the amount lost in fraud cases where only Bitcoin was used last year was 84 million dollars . It is stated that this loss is 19 million dollars in 2019 and 27 million dollars in 2020. In other words, the amount of money lost in a year has exceeded three times.
Another reason why cryptocurrencies are so popular for scammers is the rapidly rising prices of cryptocurrencies. For this reason, it is warned to be careful when shopping with crypto money.