Scam Alert: Cryptocurrency
Financial Markets Authority are warning the community about a new scam where scammers are hacking social media accounts in order to pretend to be a friend and loved one. When impersonating, they use special codes and sophisticated software to manipulate the target's cryptocurrency wallets
How to avoid scams involving hacked social media accounts:
- When approached by your family or friends on social media talking about investment opportunities, be wary.
- Consider contacting the loved one by other means toverify their identity, such as by phone.
- Be careful when anyone or any platform requires advance payments to withdraw funds.
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