More than a third of cryptocurrency owners have become victims of cryptocurrency fraud

According to the survey, more than a third of Americans who own cryptocurrencies have become victims of fraud. Users do not pay due attention to the methods of protecting their crypto assets.

The researchers conducted a survey among 2,000 Americans, asking each of them about their experience with cryptocurrencies and the measures they take to protect their digital assets. It turned out that a third of respondents who once owned cryptocurrencies had their funds stolen through fraudulent websites or organizations.

Personal data was stolen from 19% of the victims, and payment details from 27%. The average amount of stolen funds was $ 97,583.

«The list of threats to cryptocurrency owners is long: fraud, malware, phishing. Users should be careful when investing to avoid putting their money in the hands of fraudsters. Additional security measures should be applied: multi-factor identification, as well as creating unique passwords,» said one of the security researchers.

As a reminder, fraudsters have learned how to steal digital assets through phone calls. During market volatility, attackers launch millions of phone bots that call and text users. Hackers exploit investors' interest in cryptocurrencies by scaring them with possible loss of funds or vice versa, promising big profits.

The most popular fraud scheme nowadays is a call from a fake representative of the technical support service of a popular crypto exchange. To gain the trust of victims, hackers use publicly available information from social networks and open sources — most users publish a lot of personal information on social networks. The goal of the attackers is to lure out confidential data about crypto wallets and access codes.