cybersecuritytips

Be cautious of sophisticated phishing scams targeting crypto users, resulting in significant losses. Here's what you need to know:

- *$12 Million Lost*: In August 2025, crypto users lost over $12 million due to phishing scams, a 72% increase from July.
- *15,000+ Victims*: More than 15,000 users were impacted, with the largest single loss exceeding $3 million.
- *$163 Million Stolen*: Overall, crypto hacks and scams resulted in over $163 million stolen through malicious activities in August 2025 ¹.

*Common Scam Techniques* 🎭

- *Fake Websites*: Scammers create fake websites with URLs similar to real exchanges.
- *Impersonation*: Scammers impersonate legitimate sources via emails, texts, or mailed letters claiming urgent account issues.
- *Requests for Sensitive Data*: Scammers request sensitive data under false pretenses, such as seed phrases or passwords.

*Safety Recommendations* ✅

- *Verify URLs*: Always verify URLs carefully for subtle misspellings or changes; bookmark trusted sites.
- *Avoid Suspicious Links*: Avoid clicking on links or downloading attachments from unknown or suspicious sources.
- *Enable 2FA*: Enable two-factor authentication (2FA) on accounts for added security.
- *Use a VPN*: Use a VPN to mask your IP address and location 🔐.

*Ongoing Risks* 🌍

- $3.1 Billion Lost: Losses from crypto scams and hacks topped $3.1 billion in the first half of 2025.
- *Phishing Tactics*: Phishing remains a major tactic due to crypto’s decentralized nature, anonymity, and irreversible transactions.

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