Everyone knows the popularity of cryptocurrencies now. Also when you go to the hairdresser nearby someone says “Brother, they say this coin is good, I bought it” or “I had some of this coin and sold it”” he speaks. Not only in our country, in the world The interest in crypto is high.

Such a great interest of course malicious people to cryptovalue. According to the latest news, cryptocurrencies are now being targeted by credit card fraudsters in Australia. The approach of the scammers is also different this time.

The amount of money lost in blockchain has increased

In the world of blockchain steal money with fake accounts and malicious people who want to scam people now seem to be responsible for the lost cryptocurrencies. According to the Sydney Morning Herald report, the amount of money lost in the crypto sector is increasing.

scammers now cryptocurrency ask for payment. The basis of these requests is the anonymity that blockchain technology offers. Thus, the fraudster who receives the payment can take the money and get lost in a way that is almost impossible to trace.

Australian Competition and Consumer Commission In a study conducted by Bitcoin, the amount lost in fraud cases where only Bitcoin was used last year. $84 million turned out to be. Reportedly, this loss is $19 million in 2019 and $27 million in 2020. In other words, the amount of money lost in a year has been exceeded three times.

Another reason why cryptocurrencies are so popular for scammers is: rising fast cryptocurrency prices. For this reason, caution is advised when shopping with cryptocurrency.