Beat the Scams this Holiday Season: Protecting Your Crypto Assets
The holiday season is upon us, and unfortunately, that means a rise in scams targeting the crypto community. With fraudsters looking to cash in on the holiday spirit and fewer staff on hand at companies, it’s a perfect recipe for disaster. Recently, Circle fell victim to a particularly insidious scheme, showing just how clever these criminals can be. Here’s a little primer on what’s happening, what you can do to protect your assets, and the role of compliance in all this mess.
The Unfortunate Timing of Holiday Scams
Holiday scams in crypto are nothing new. Every year we see an uptick in baiting scams, with bad actors taking advantage of people’s goodwill and urgency to act fast. With transactions increasing, scammers are also…
