Aussies warned to keep away from crypto paper wallets they discover on the road. Australians have confirmed to be significantly prone to funding and crypto-related scams this 12 months, dropping 242.5 million Australian {dollars} to scammers thus far in 2022
If I find a crypto wallet in the street I will immediately assume it’s a scam. Also why are people trying to steal other people’s funds if it wasn’t a scam? You become the scammer then
The exact same principle as a classic “usb drop”.
Put things which seemingly have value out in public and people are bound to get curious and fall victim.
**Side note:** CoinTelegraph thumbnail designer is back and killing it again. Employee of the year award incoming.
Much more satisfying and safe to find a twenty floating down the street and no one around
What are the risks if you find a 12 word pass phrase and enter it in your wallet ? I’m not sure of the danger here
The ageing Australian public has lots of money and easy access to technology but god damn are they technologically illiterate.
Damn aussies and their easily deceived, wallaby-filled hearts
>The person is then asked to pay a withdrawal fee and provide their own wallet credentials that will purportedly allow them to transfer the balance into their own crypto wallet.
Lmfaoooo, people fall for this?
Yep I’m Australian and lost 1K to a scam (not crypto-related). Just doing my part
tldr; Australians have been warned to stay away from suspicious-looking fake Bitcoin paper wallets, which work by luring victims into accessing a lucrative crypto wallet but will ultimately drain them of their own crypto holdings. The scam starts as a paper cryptocurrency wallet with a QR code, which is made to appear like a legitimate Bitcoin paper wallet. The authorities advised the public to stay vigilant.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
Graphs are upside down here, its easy to get confused
C’mon Aussies , get smarter
Surest way to losing your coin.
A financial blog that doesn’t know the plural of dollar is dollar not dollars? Can also call it dollaridoos then…
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