Cryptocurrency Scams: How To Keep Your Money Safe
As cryptocurrencies become more popular, scammers are finding new ways to trick people into sending them money. Cryptocurrencies are attractive to scammers because transactions are fast, anonymous, and often irreversible. This makes it harder to track the stolen money and recover it.
Scammers might contact you through email, social media, or even phone calls. They could pretend to be from a reputable company or even claim to be a friend in need. Their goal is to get you to send them cryptocurrency, often by creating a sense of urgency or fear.
If you ever encounter a suspicious cryptocurrency request or think you may have been scammed, please let us know right away. You can contact us at (805) 733-7600, or visit our Fraud Protection page and complete the form.
Scammers might contact you through email, social media, or even phone calls. They could pretend to be from a reputable company or even claim to be a friend in need. Their goal is to get you to send them cryptocurrency, often by creating a sense of urgency or fear.
Common Scams to Watch Out For
- Impersonation Scams: They pretend to be a reputable company, or even someone you trust, and ask for cryptocurrency, often claiming it's for safekeeping or an emergency.
- Fake Investment Opportunities: Scammers promise high returns on cryptocurrency investments but disappear with your money.
- Phishing Scams: Fake websites or emails that look real but are designed to steal your cryptocurrency wallet information.
How to Protect Yourself
- Verify Before You Trust: Always double-check the source of any cryptocurrency request. Contact the person or company directly using a known number or email.
- Be Skeptical of High Returns: If an investment opportunity sounds too good to be true, it probably is.
- Secure Your Wallet: Use strong passwords and two-factor authentication for your cryptocurrency accounts.
If you ever encounter a suspicious cryptocurrency request or think you may have been scammed, please let us know right away. You can contact us at (805) 733-7600, or visit our Fraud Protection page and complete the form.