The FBI Warns About Scams On Crypto Users

[crestella]

'Fraud Technical Support' by the FBI Internet Crime Compaint Center (IC3) the agency released a public notice regarding the increase in fraudulent activity. By 2017, they receive 11,000 complaints with a total loss of $ 15 Million.

IC3 notes that criminals act as security, customers, or technical support representatives who offer to resolve the issue. And when contact is formed, they go to their plan.

[Dutchyyy]

'Fraud Technical Support' by the FBI Internet Crime Compaint Center (IC3) the agency released a public notice regarding the increase in fraudulent activity. By 2017, they receive 11,000 complaints with a total loss of $ 15 Million.

IC3 notes that criminals act as security, customers, or technical support representatives who offer to resolve the issue. And when contact is formed, they go to their plan.

This is nothing! Why they don't publish how many non-crypto complaints they got and what is the loss there. I'm sure that the numbers will be x100 the crypto losses!

They are making it to scare people who are still staying away from crypto. If you don't have common sense and you are greedy as f, you will be scammed anyway.

[luongdk]

This is not something new, hackers are extremely active in crypto sphere, because there are no laws regulating crypto, thus nobody will come to police accusing someone  stole eth or btc. On the other hand, such news are published to manipulate market, because in reality % of scams on non-crypto users is far higher

[krauzzer02]

'Fraud Technical Support' by the FBI Internet Crime Compaint Center (IC3) the agency released a public notice regarding the increase in fraudulent activity. By 2017, they receive 11,000 complaints with a total loss of $ 15 Million.

IC3 notes that criminals act as security, customers, or technical support representatives who offer to resolve the issue. And when contact is formed, they go to their plan.

Fraudulent activities made by those scum criminal are literally everywhere, traditional way or cryptocurrency they will always find their way in to fool people and make tons of money out of the pocket from other people, there are tons of other cases outside the cryptocurrency world that is happening on a daily basis, the figure is large but that is nothing compared to a real-time scammers online and physical investment schemes, the increase in the number of fraudulent activities on this field is normal as the trend to bitcoin is spreading throughout the globe.

[jacafbiz]

The number of scam in the space has increased drastically and this is a concern, if one look at the number of ICOs that has ended a scam and the ways people are losing their tokens in their wallet and also the number of ICO websites that were hacked, I think the $15 million mentioned is very conservative

[Febo]

'Fraud Technical Support' by the FBI Internet Crime Compaint Center (IC3) the agency released a public notice regarding the increase in fraudulent activity. By 2017, they receive 11,000 complaints with a total loss of $ 15 Million.

IC3 notes that criminals act as security, customers, or technical support representatives who offer to resolve the issue. And when contact is formed, they go to their plan.

LOL. What do you expect that is their job to do it. Crypto is now Wild West. It was easy to find Gold on Wild West, more tricky was to bring t safe to not starve or get shoot to some city to sell it for a cosy ranch.  


Most people here bother with what coin to buy and day trading and try to get a bit more. But what is mot important is to keep your coins safe. You can get 10% or 100% more or even 1000% more. But if someone steal them from you at end you will have exactly nothing.  And it is so easy to scam people and steal their coins.

[oxonhu]

'Fraud Technical Support' by the FBI Internet Crime Compaint Center (IC3) the agency released a public notice regarding the increase in fraudulent activity. By 2017, they receive 11,000 complaints with a total loss of $ 15 Million.

IC3 notes that criminals act as security, customers, or technical support representatives who offer to resolve the issue. And when contact is formed, they go to their plan.

nothing really important . I also warn people for scammers so what ? look at binance official twitter. there are guys have  similar binance username and they are saying that they are giving away eth but you must send some eth to them. there are many ''newbies'' sending eth to those scammers. We all have to be careful about scammers. Many ICOs are also scamm. Must be careful that is it.

[5ensei]

I'm sure the real number is much higher than that. The reason it is low is that a lot of this type of crime is unreported, plus the value of bitcoin and ethereum is lower than it should be. Also there are the scams where the victims are outside of the USA so won't be reported to them. ICO scammers need to be policed to clean up and protect the industry.

[Crypto_lion]

'Fraud Technical Support' by the FBI Internet Crime Compaint Center (IC3) the agency released a public notice regarding the increase in fraudulent activity. By 2017, they receive 11,000 complaints with a total loss of $ 15 Million.

IC3 notes that criminals act as security, customers, or technical support representatives who offer to resolve the issue. And when contact is formed, they go to their plan.

How do i interpret this ? Are the federal bureau of investigation trying to create a FUD here and are they genuinely trying to make regulations to prevent this from happening?

[ovisovyant1]

The number of scam in the space has increased drastically and this is a concern, if one look at the number of ICOs that has ended a scam and the ways people are losing their tokens in their wallet and also the number of ICO websites that were hacked, I think the $15 million mentioned is very conservative

Yeah, you're right
Now there is too much fraud on ICO, I have followed several telegram groups from ICO investors which they created and named the group as ICO deception victims they follow. As an example : https://t.me/CircleCoalition , https://t.me/denarochat

[goyal.dkg]

SCAMs are everywhere not just in crypto .
even crypto scam is easy to guess for experienced investor .

however hacking is diff issue , still here hacker need to guess your key which is impossible so they can only go with phishing links or malware .

so just be alert nothing to worry apart from this .

[goyal.dkg]

'Fraud Technical Support' by the FBI Internet Crime Compaint Center (IC3) the agency released a public notice regarding the increase in fraudulent activity. By 2017, they receive 11,000 complaints with a total loss of $ 15 Million.

IC3 notes that criminals act as security, customers, or technical support representatives who offer to resolve the issue. And when contact is formed, they go to their plan.

How do i interpret this ? Are the federal bureau of investigation trying to create a FUD here and are they genuinely trying to make regulations to prevent this from happening?

IMO they are just making people aware to know which is scam which is not .
bcoz people buy anything blindly in crypto .

for example telegram ico is still not open for public sale , but many scammers launched site on 'Gram' or 'TON' .
they asked people to refer and earn tokens , some people even invested in that scam .

[ekn222]

and some poeople still think there is no need for regulations

[Akramovkomer]

'Fraud Technical Support' by the FBI Internet Crime Compaint Center (IC3) the agency released a public notice regarding the increase in fraudulent activity. By 2017, they receive 11,000 complaints with a total loss of $ 15 Million.

IC3 notes that criminals act as security, customers, or technical support representatives who offer to resolve the issue. And when contact is formed, they go to their plan.

Yes, every day we have to be more careful and cautious I think. and then one day you can also become a victim of fraud

[BattleZeo]

and some poeople still think there is no need for regulations

Not just ICO shall be regulated, but also every coin shall be ruled by law, because they are relative, but now no government even accepts cryptocurrencies. Maybe one of the reason why the crypto market is hot and profitable - scam and unexecutable project. After law begin to restrict the market, perhaps we will find this market is not really profitable as we think now.

[adroitful_one]

'Fraud Technical Support' by the FBI Internet Crime Compaint Center (IC3) the agency released a public notice regarding the increase in fraudulent activity. By 2017, they receive 11,000 complaints with a total loss of $ 15 Million.

IC3 notes that criminals act as security, customers, or technical support representatives who offer to resolve the issue. And when contact is formed, they go to their plan.

This really isn't much of a surprise. There's just so much scamming going on from people in this technology. I for one am just glad to see that the people getting scammed are actually reporting it to the authorities to try and track down some of these scammers. I really wish they would release the arrest statistics. Really interested in how many of these scammers have gotten punished. It may prevent someone from wanting to scam someone else in the future if they know that the FBI is actively pursuing crypto scammers.

[vincentong17]

and some poeople still think there is no need for regulations

Not just ICO shall be regulated, but also every coin shall be ruled by law, because they are relative, but now no government even accepts cryptocurrencies. Maybe one of the reason why the crypto market is hot and profitable - scam and unexecutable project. After law begin to restrict the market, perhaps we will find this market is not really profitable as we think now.

I'm sure it gets mainstream  and they just want their citizen to be more careful on their investment. If government has jurisdiction we could pay taxes. however the crypto market will get bullish if it was done by the government and implementation will began shortly this year. i Hope those scam project will eliminate.

[MarchToke]

More and more scammers are in this crypto market and even in this forum....We need to be extra careful for that since scam project looks really real. I have been scammed before when I was a newbie because of my inocense but now I learned many things to avoid from scammers.

[ene1980]

The real problem is that the scammers are getting real smart and they are plotting schemes to trap innocent users and being masking as a technical support it can give them unlimited power and thereby scam you by collecting your sensitive information and these sort of call centers are running in third world countries.

[muncuss]

'Fraud Technical Support' by the FBI Internet Crime Compaint Center (IC3) the agency released a public notice regarding the increase in fraudulent activity. By 2017, they receive 11,000 complaints with a total loss of $ 15 Million.

IC3 notes that criminals act as security, customers, or technical support representatives who offer to resolve the issue. And when contact is formed, they go to their plan.

This is nothing! Why they don't publish how many non-crypto complaints they got and what is the loss there. I'm sure that the numbers will be x100 the crypto losses!

They are making it to scare people who are still staying away from crypto. If you don't have common sense and you are greedy as f, you will be scammed anyway.

No, they did to warn ppl, bcoz lots of scam here. they did right.
Everyone can access and invest in crypto (unlike non crypto) so it's important to warn ppl