when

<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/scammers-target-crypto-wallets" data-wpel-link="internal" rel="noopener noreferrer nofollow">Scammers Target Crypto Wallets</a><br></p>
<p style="text-align: justify">As cryptocurrency usage becomes more widespread, scammers are increasingly focusing on crypto wallets, shifting away from traditional <a href="https://finance.coin-turk.com/" rel="noopener noreferrer nofollow" target="_blank" data-wpel-link="exclude">banking</a> and credit card fraud. Ransomware attacks once dominated, but now attackers employ various methods to seize control of digital wallets. One such method involves sending convincing emails that appear to be from reputable sources like <a href="https://en.bitcoinhaber.net/seattle-court-postpones-binance-ceos-sentencing" data-wpel-link="internal" rel="noopener noreferrer nofollow">Binance</a>, tricking users into revealing sensitive information.</p>
<h2 id="how-do-these-scammers-operate">How Do These Scammers Operate?</h2>
<p style="text-align: justify">Imagine sitting at home when you receive an alarming email claiming unauthorized access to your Binance account. The email seems legitimate, not landing in your spam folder, and includes a phone number for a supposed security department. When you call back, a professional-sounding person claims to be from Binance, informing you that your account has been accessed from abroad and urging immediate action to secure it. This narrative is designed to panic you into compliance.</p>
<p style="text-align: justify">The scammer’s phone number often appears to be a credible landline, which enhances the story’s believability. However, returning the call usually results in a failed connection, a tactic known as number masking. Historically, similar techniques have been used, such as tricking people into believing they were receiving calls from police hotlines. If you fall for the ploy, the scam evolves.</p>
<h2 id="what-are-their-tactics">What Are Their Tactics?</h2>
<p style="text-align: justify">The scammers might ask you to log in via a link they provide, which leads to a fake Binance login page. They could then request a verification code under the guise of ensuring your account’s security. Once they have this code, they can access your account, potentially transferring funds or opening positions in low liquidity pairs to siphon off your assets indirectly. They might also convince you to transfer your balance to a “security vault,” making off with your funds.</p>
<h2 id="how-to-protect-yourself">How to Protect Yourself</h2>
<p style="text-align: justify">To safeguard your crypto assets:</p>
<ul>
 <li style="text-align: justify">Never click on links in unsolicited emails.</li>
 <li style="text-align: justify">Conduct all transactions through official <a href="https://newslinker.co/category/mobile/" target="_blank" rel="noopener noreferrer nofollow" data-wpel-link="exclude">mobile</a> apps, even if emails seem legitimate.</li>
 <li style="text-align: justify">Hang up on anyone discussing cryptocurrency over the phone; it’s likely a scam.</li>
 <li style="text-align: justify">Use cold wallets for large balances, and utilize dedicated devices for exchange transactions. Keep these devices off when not in use and use special emails solely for exchanges.</li>
</ul>
<p style="text-align: justify">By following these precautions, you can greatly reduce the risk of falling victim to scams and protect your cryptocurrency holdings effectively.</p>
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on BH NEWS: </span> <a href="https://en.bitcoinhaber.net/scammers-target-crypto-wallets" data-wpel-link="internal" rel="noopener noreferrer nofollow">Scammers Target Crypto Wallets</a></h5>

Scammers Target Crypto Wallets

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