Crypto Scammers are Masquerading as NFT Developers: FBI Alert

The U.S. Federal Bureau of Investigation (FBI) is alerting the public about cybercriminals posing as legal non-fungible token (NFT) developers in order to steal cryptocurrencies and other digital assets from gullible consumers.

For the purpose of promoting “exclusive” new NFT releases, fraudsters either get direct access to the social media accounts of NFT developers or construct lookalike accounts, frequently using deceptive advertising strategies that generate a sense of urgency.

The FBI stated in a statement last week that the links provided in these announcements were phishing links that led users to a fake website that seemed to be an official extension of a specific NFT project read more Crypto Scammers are Masquerading as NFT Developers.

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