LinkedIn – The FBI warns of a “vital risk” from crypto fraud

It is not only the bear market that will stop fraudsters of all kinds in the cryptocurrency industry. And social networks are a particularly privileged hunting ground in the context of this kind of business. This is despite the very often very relative “governance” shown by some of them, vis-à-vis this digital pollution that is the cause of sometimes colossal losses. With, as the last incriminated platform, the professional version of LinkedIn. And a warning issued by the FBI against him.

Social media security is a complicated issue. And the reality that just put the wire at the point of taking over Twitter, and imagined by the capricious Elon Musk. This is an estimate – which is considered very underestimated – of the number of fake accounts that pollute this very popular social network. And in correlation, potential scams that affect its users, especially in relation to cryptocurrencies.

A plague that particularly affects NFT token owners. But whose forms are as changeable as the imagination of their malicious instigators. Because on LinkedIn, it’s good financial advice, which then turns into emptying your wallet. So much so that he urged the FBI to mention it as a “significant threat” to its users. In any case, this is indicated by Sean Ragan, a special agent in charge of field offices in San Francisco and Sacramento, California.

LinkedIn – “Significant threat” of crypto fraud

The fact should be taken into account once and for all: Being identified as a crypto investor often means putting a digital target at the forefront. And while this should not cause excessive panic, this reality means taking the necessary steps, at least from a digital hygiene perspective. This is especially after repeated data leaks, one of the most significant of which is still that of Ledger 2020. And mostly on social networks, a favorite playground for fraudsters of all kinds.

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A curse that unfortunately does not spare the LinkedIn network, but dedicated to more professional relationships. Anyway, this is what the FBI just released, in the voice of its special agent Sean Ragan. This is a worrying increase in the number of fake profiles created on this platform. And although the company claims that it deleted more than 32 million last year. And they intercepted at the same time 99.1% of 70.8 million spam and scams on his social network. All this was published in detail in yesterday’s blog post about this problem, which is visibly increasing.

Be careful and don’t forget to report people who ask you for money and who you don’t know personally. This may include people asking you to send them money, cryptocurrencies or gift cards to get a loan, prize or other winnings.

LinkedIn

LinkedIn – Fraud due to breach of trust

And the procedure is as well established as it is specially adapted to LinkedIn. Because, as the victims of these scams claim, this includes establishing a breach of trust over time. All this is made possible by the professional nature and dedicated to networking of this social platform. That is, by taking advantage of implicit – but obviously overrated – trust in these characteristics that are considered evidence of legitimacy. And scammers who pretend to be professionals are giving sensible advice before taking the step of stealing digital assets (or other) of their victims.

This is how criminals make money. This is what they focus their time and attention on. And they are always thinking of new ways to make new sacrifices, whether they are individuals or companies.

Sean Ragan

An attack of breach of trust that can last, to the point that it sets in over several months. And go through the stages of effective gain, just to establish the necessary level of self-confidence. But, as a rule, a conclusion that always has more or less the same outcome. That is, the transfer of cryptocurrencies to a platform that is primarily legitimate. And at some point, the “need” to transfer them to another location, this time under the control of a fraudster. The moment when funds will be redirected and lost forever, for the benefit of this advisor who at the same time became unavailable. This is in favor of the fraudsters that the Global Anti-Fraud Organization found in most cases as far as Southeast Asia. What a surprise!

Take care of yourself !

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