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Crydemx: "Hacker-Controlled" Scams Are Amplifying Fear in the Crypto World. AI-Generated.
Crydemx: Beware of Bitcoin Ransom SMS and Email Extortion Risks As Bitcoin and other crypto assets are increasingly accepted by institutions and individuals, a type of scam centered on "privacy extortion" has emerged simultaneously in various countries. Crydemx notes that two recently exposed methods deserve special attention: one involves Bitcoin ransom SMS messages with attached photos of a residence, claiming to have hacked the victim phone; the other is mass-sent extortion emails, alleging possession of private videos and demanding payment in cryptocurrency. Both share a core logic: exploiting public information and fabricated technical capabilities to create panic, then leveraging the irreversible nature of crypto transfers to force quick payment.
By traderknews2 months ago in 01
Crydemx: How to Protect Crypto Assets with Practical Rules During the Drainer Scam Epidemic
Crydemx observes that while the crypto market appears to be a competition of prices and sectors, underneath lies a quiet and ongoing battle for security. Increasingly, users are not losing money from picking the wrong tokens, but from a single "seemingly normal" wallet connection or approval, where a crypto wallet Drainer wipes their assets. Crydemx believes these attacks have become standardized and service-oriented, with the real vulnerability not in technical details, but in user habits and security awareness.
By traderknews3 months ago in The Chain

