DiscoverBitBoy Crypto News PodcastProtect Yourself from Crypto Scams
Protect Yourself from Crypto Scams

Protect Yourself from Crypto Scams

Update: 2019-11-25
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This week in the world of cryptocurrency there were many stories involving scams… particularly SIM card swapping hacks. Ben and Bethany discuss the importance of security and how to stay safe from one of these hacks. Some scammers have resorted to bullying and threatening people in order to steal their crypto. As technology continues to advance, where will low level criminals who resort to violence find ways to steal crypto from people?

 

Along with SIM card swapping, there is also a new scam on YouTube where YouTubers buy accounts with high subscriber numbers and then try to get viewers to send them crypto in order to receive a larger amount. Even though it seems like these scams could not possibly work, they must be working because scammers continue to use those methods. Make sure to stay safe and up to date on all of the latest security measures. When it comes to “being your own bank”, users are also responsible for the security!

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Protect Yourself from Crypto Scams

Protect Yourself from Crypto Scams