According to a report issued by Group-IB, a Singapore-based online security firm, the number of cryptocurrency scams has grown fivefold.
A report issued by Group-IB, a Singaporean cybersecurity company, has found that the number of cryptocurrency scams that use fake domains has exploded during the first half of 2022. The number of these domains has grown fivefold, and most of these campaigns, though registered with Russian registrars, are designed to reach English and Spanish-speaking crypto investors.
The number of domains that are used to perpetrate cryptocurrency scams has multiplied during the first half of 2022. According to a report issued by Group-IB, a Singapore-based online security firm, the number of these domains, which are used as welcome pages for Youtube scam streams, has grown fivefold during the first half of this year. More than 2,000 of these domains were registered.
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