A NEW CRYPTO SCAM TACTIC TO BE AWARE OF IMMEDIATELY (OLD Fraud - New Approach)
Kindly be extra paranoid and very very cautious in the next few months with your Crypto Security.
In the past I have given exhaustive and very detailed Security
Precautions and Protocols to protect your assets but these thieves keep
innovating at the speed of light and keep draining people's hard earned monies.
Check my previous tweets on security and educate yourself.
Last week one of my old Trust Wallets got drained and the post analysis showed,
the exploit probably was as a result of not updating my Trust Wallet for months.
Didn't loose much but it taught me an important lesson - learn it with me.
NOW to what I need you to be aware of and be very careful with.
Because of knowledge asymmetry and the influx of Newbies in the space,
most people depend on Youtube for Tutorials on HOW TO do things in Crypto;
eg HOW TO STAKE ON POLYGON or HOW TO BRIDGE FROM ETH TO BASE
What these scammers are now doing is creating Youtube Channels,
populating it with bot subscribers and comments so it appears legit and then doing a lot of such
“HOW TO VIDEOS”
pretending to want to help you learn, the twist however is they provide phishing links (that looks like the real link)
in their posts that are part of the process for whatever they are teaching you and once you click it, you get drained.
So good example of my friend that got drained.
He wanted to unstake from Etherfi, went on youtube searched and found the channel (attached below),
followed the processed clicked the link for what was supposed to be the Etherfi link, connected his wallet and viola - his entire wallet got drained.
WHAT TO DO -
1.Suspect everything - In Crypto everyone is guilty until proven innocent
2.Follow Official Channels of Projects from CMC/CG to reduce the chances of following phishing socials et al
3.Never use only 1 source to do anything, always confirm from multiple sources
4.Educate yourself on crypto vulnerabilities, scams and security protocols and stay paranoid.
I will hate for you to go through all this emotional roller coaster,
patiently wait and accumulate some life changing money only for some dimwit to use 1 minute to take it all away.
Suffered my greatest loss in Crypto about a year and a half ago and since then, I have become so paranoid! STAY PARANOID!
🏾not my story, I just shared it so you can learn.
A NEW CRYPTO SCAM TACTIC TO BE AWARE OF IMMEDIATELY (OLD Fraud - New Approach)
Kindly be extra paranoid and very very cautious in the next few months with your Crypto Security.
In the past I have given exhaustive and very detailed Security
Precautions and Protocols to protect your assets but these thieves keep
innovating at the speed of light and keep draining people's hard earned monies.
Check my previous tweets on security and educate yourself.
Last week one of my old Trust Wallets got drained and the post analysis showed,
the exploit probably was as a result of not updating my Trust Wallet for months.
Didn't loose much but it taught me an important lesson - learn it with me.
NOW to what I need you to be aware of and be very careful with.
Because of knowledge asymmetry and the influx of Newbies in the space,
most people depend on Youtube for Tutorials on HOW TO do things in Crypto;
eg HOW TO STAKE ON POLYGON or HOW TO BRIDGE FROM ETH TO BASE
What these scammers are now doing is creating Youtube Channels,
populating it with bot subscribers and comments so it appears legit and then doing a lot of such
“HOW TO VIDEOS”
pretending to want to help you learn, the twist however is they provide phishing links (that looks like the real link)
in their posts that are part of the process for whatever they are teaching you and once you click it, you get drained.
So good example of my friend that got drained.
He wanted to unstake from Etherfi, went on youtube searched and found the channel (attached below),
followed the processed clicked the link for what was supposed to be the Etherfi link, connected his wallet and viola - his entire wallet got drained.
WHAT TO DO -
1.Suspect everything - In Crypto everyone is guilty until proven innocent
2.Follow Official Channels of Projects from CMC/CG to reduce the chances of following phishing socials et al
3.Never use only 1 source to do anything, always confirm from multiple sources
4.Educate yourself on crypto vulnerabilities, scams and security protocols and stay paranoid.
I will hate for you to go through all this emotional roller coaster,
patiently wait and accumulate some life changing money only for some dimwit to use 1 minute to take it all away.
Suffered my greatest loss in Crypto about a year and a half ago and since then, I have become so paranoid! STAY PARANOID!
👆🏾not my story, I just shared it so you can learn.
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