Australia-based cryptocurrency exchange FAMEEX has received multiple complaint reports of imposter scams, including phishing websites, in recent weeks. FAMEEX posted an announcement on its official website last week and also warned communities not to click on any unknown links or go to unknown websites on your devices even though the sites may look very similar to the official site. Crypto fraud has been a central issue among authorities in many countries and before FAMEEX, Huobi and Binance also fell victim to scammers not too long ago.
FAMEEX – Victim of a fake website
Hackers usually steal data and financial information through text messages or phishing websites. According to the FAMEEX team, several Chinese netizens complained that they had received documents from the authorities that looked like documents from the “Banking and Insurance Regulatory Commission”, citing that they had to make a deposit on the FAMEEX trading platform if not. their funds would be frozen. So they were asked to download the fake FAMEEX app and deposited 60,000 RMB ($94,959) in total. FAMEEX said Chinese authorities never sent the documentation and reiterated that its platform had terminated all services to Chinese users since last year to comply with China’s sweeping ban on cryptography.
Apparently, this recent impostor scam is another scam happening to FAMEEX. A fake FAMEEX Indonesian telegram group was created by scammers, peddling their own projects, tricking investors and scamming crypto rookies who thought the chat group was founded by the FAMEEX team. Encouraging users to follow official social media, FAMEEX’s operations team provided ways to identify common scams in the announcement posted last Friday (March 4).
Huobi, Coinbase and Binance fall victim to new types of scams
Another leading trading platform, Huobi, has spotted several types of scams including romance scams and Ponzi schemes. The scammers also pretend to be representatives of Huobi and create fake chat groups on Telegram to trick investors into falling for the trap in 2019. Chinese authorities have arrested 10 people who operated the scam involving fake Huobi tokens.
Last year, a Coinbase user fell for a fake notification scam and lost $11.6 million in 10 minutes. A US federal judge later approved a warrant to trace Bitcoin funds from a Huobi Global wallet, after investigators said it was part of an $11.6 million theft from a Coinbase account.
Binance CEO Changpeng Zhao raised concerns about scams. “There is a massive SMS phishing scam with a link to cancel withdrawals. This leads to a phishing website to harvest your credentials like in the screenshot below,” Zhao tweeted in February, admitting deceptive phishing was rampant.
Regarding the latest scam report, FAMEEX immediately posted an announcement on its official website and communities. Reaffirming that its customer service team does not initiate any private conversations with users, FAMEEX reminded users that the best policy is to remain vigilant and do nothing but contact FAMEEX customer service team by telegram or e-mail in the event of a suspicious situation.