Scammers are impersonating cryptocurrency exchanges, FBI warns | Malware

The Federal Bureau of Investigation (FBI) issued a public service announcement warning the public about scammers impersonating cryptocurrency exchange employees to steal funds.

There are many types of crypto related scams, but in this case, the FBI provided an advisory about scammers that contact the target and pretend to be employees of a cryptocurrency exchange.

As scammers almost always do, they try to impose a feeling of urgency on the target, making potential victims feel as though they must act quickly because of, say, an acute problem with their account. Such an account may be allegedly compromised, or scammers could trick a victim into thinking that a third party is trying to gain access and withdraw funds from the account.

The scammer then offers to help the target to secure their funds, but to do so, the scammer—posing as a legitimate employee of the…