Crypto Scams: The New Digital Heist
Social engineering scams are wreaking havoc in the crypto landscape, and a recent incident in Canada really drives this point home. A scammer impersonated a Coinbase support agent and pulled off one of the biggest digital robberies I’ve seen, leaving victims with massive losses. With the crypto scene expanding, this trend is only going to grow, and we all need to be on our toes.
How Regulations Can Help Stomp Out Crypto Scams
Regulatory compliance is one of the strongest weapons we have against social engineering scams in the crypto world. Regulations like MiCA and FATF mandate that companies verify identities, monitor transactions, and implement security measures that reduce anonymity and the chances of getting scammed. This means…
