Crypto is rife with impersonation scams, don’t let them steal your money

Scammers often impersonate well-known people or entities in the cryptocurrency industry to fool unsuspecting investors.

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Impersonation scams and phishing emails plague the cryptocurrency industry at almost every level. 

The latest is a Tuesday, Jan. 23 attack targeting the mailing lists of Wallet Connect, Token Terminal, Cointelegraph and other prominent crypto-related firms via their email provider, MailerLite.

According to research conducted by crypto sleuth ZachXBT, the perpetrators of the crime enriched themselves to the tune of $580,000 in just a few short hours.

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