The post Stay Alert of Crypto Scammers in Holiday Season appeared on BitcoinEthereumNews.com.

As the holiday season starts and people are busy shopping and enjoying themselves, scammers are getting busy as well. Experts warn the crypto community that December is a prime time for crypto attacks. With people distracted in festivals, crypto scammers have perfect setup to exploit their wallets. What is really going on, lets understand. Why the Holidays Are a Scammer’s Playground December isn’t just about gifts and good vibes—it’s a scammer’s favorite month. Why? Because we’re all distracted. Clicking on emails without thinking, trusting holiday deals that feel urgent, or donating to what seems like a good cause—this is where they get us. 🧵 [1/7] 🚨 ScamSniffer November Phishing Report $9,380,000 STOLEN9,208 VICTIMS November saw one victim lose $661K in stETH within minutes – and that’s just the tip of the iceberg. Let’s dive into the dark side of Web3… 🧵 pic.twitter.com/HDyBGh5tPj — Scam Sniffer | Web3 Anti-Scam (@realScamSniffer) December 3, 2024 Last month alone, scammers stole $9.3 million from over 9,200 investors. And while that’s less than October’s massive $20.2 million loss, it’s still mind-blowing. One poor guy even lost $661,000 in stETH just from one malicious blockchain transaction. That’s the crazy part—these aren’t obvious scams. They come disguised as harmless links or signature requests, and bam—your wallet’s drained. Can You Outsmart These Scammers? Look, even experienced investors slip up during this time. But there are ways to stay ahead of these crooks: Double-check everything. Don’t just trust an email or message because it looks legit. Scammers are pros at mimicking official communications. Set up 2FA. Seriously, it’s not just a suggestion—it’s a lifesaver. And avoid using public WiFi for transactions. That free airport WiFi? A trap. Simulate transactions first. Before signing anything, use tools to preview what you’re actually approving. If something looks shady, don’t proceed. Beware of…

---

Filed under: News - @ December 3, 2024 6:15 pm