#fake exchanges

How To Spot Fake Crypto Exchanges And Wallets: A Simple Guide - What makes an exchange fake? - How to spot fake exchanges - Ways to protect yourself #crypto #scam

The huge growth of Cryptocurrencies has created more opportunities for scammers to scam. These scammers steal people’s money using fake crypto exchanges and wallets. Before you use any cryptocurrency exchange, there are things you should look out for to determine whether it’s fake or authentic. Keep reading to find out. Post Summary What Are Fake Crypto Exchanges? How To Spot Fake Crypto…

Bitexion scam exchange 

phishing for deposits

Fake exchange scamming for deposits. /BITEXION 

To make the scam more “trustworthy” there is also a fake “news” site complete with reviews of the fake imaginary exchanges, scamming users for deposits, via unsolicited spam DMs in Discord.

Attempt to collect the fake win: Register to the scam site.

Any details provisioned here could be alter weaponized for social engineering, spam and hacking attempts. Activate the fake code. Check balance - bonus is seemingly there. Try to withdraw - you need to DEPOSIT first!

Anybody who is naive enough to believe that an imaginary exchange registered a few days ago will gift them 14K USD worth of crypto gets robbed by 0.003 BTC ($100 worth) (kek, poor pepe feels). The scammers keep registering more of the same scam and keep spamming in discord.

You WON FAKE money, BUT NEED TO DEPOSIT REAL MONEY.

Thanks! All those are the same scam, under a different name: /bigbitc.com /binocreed.com /binoextra.com /bitampex.com /bitapax.com /bitarmex.com /bitcapcypher.com /bitcdeal.com /bitcmax.com /bitcoreone.com /bitcryptomix.com /bitcryptonium.com /bitcstock.com /bitelax.com

CNBC, the business channel, is reporting that Obamacare is a dream come true for con artists and swindlers. Apparently, scammers have been at it for over a year but the government is getting ready for a surge as the exchanges open on October 1st and Obamacare goes live-ish (favored groups are exempted, regular people not.)

“I believe the incidents are going to skyrocket as that date approaches,” said Eva Velasquez, president and CEO of the nonprofit Identity Theft Resource Center. “And even people who are smart and savvy could get taken, so we are very concerned about the potential for some serious financial harm.”

“There are fake exchanges already up and running on the Internet,” said Monica Lindeen, Montana’s Commissioner of Securities and Insurance. “If you do a search and type in ‘exchange,’ you’ll find all sorts of websites that claim to be in the exchange when they are not.”

“Fraud is inevitable, said Covered California spokesman Dana Howard, ”There are going to be schemes and individuals who will attempt to deceive the consumer at every corner,” she said.

And it’s not just these criminals. The need for staff in the insurance companies and exchanges is so immediate that background checks are at a minimum. These people will have only a basic understanding of confidentiality.  In California, where Obamacare goes by the name of Covered Califormia,

Insurance Commissioner Dave Jones has written to Covered California urging officials to add more protections to prevent “criminals from becoming enrollment counselors and enrollment counselors from becoming criminals.”

CNBC, the business channel, is reporting that Obamacare is a dream come true for con artists and swindlers. Apparently, scammers have been at it for over a year but the government is getting ready for a surge as the exchanges open on October 1st and Obamacare goes live-ish (favored groups are exempted, regular people not.)

“I believe the incidents are going to skyrocket as that date approaches,” said Eva Velasquez, president and CEO of the nonprofit Identity Theft Resource Center. “And even people who are smart and savvy could get taken, so we are very concerned about the potential for some serious financial harm.”

“There are fake exchanges already up and running on the Internet,” said Monica Lindeen, Montana’s Commissioner of Securities and Insurance. “If you do a search and type in ‘exchange,’ you’ll find all sorts of websites that claim to be in the exchange when they are not.”

“Fraud is inevitable, said Covered California spokesman Dana Howard, ”There are going to be schemes and individuals who will attempt to deceive the consumer at every corner,” she said.

And it’s not just these criminals. The need for staff in the insurance companies and exchanges is so immediate that background checks are at a minimum. These people will have only a basic understanding of confidentiality.  In California, where Obamacare goes by the name of Covered Califormia,

Insurance Commissioner Dave Jones has written to Covered California urging officials to add more protections to prevent “criminals from becoming enrollment counselors and enrollment counselors from becoming criminals.”