Advance Fee Fraud: The Emergence of Elaborate Crypto Schemes

SUMMARY :

Proofpoint researchers have identified an intriguing Advance Fee Fraud scheme sending low volume email campaigns and employing advanced social engineering tactics to swindle unsuspecting victims out of Bitcoin. This scheme spreads credentials to alleged private Bitcoin investment platforms and lures victims with the promise of withdrawing hundreds of thousands of dollars worth of cryptocurrency from an already established account on the platform(s).

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Advance Fee Fraud: The Emergence of Elaborate Crypto Schemes