Cryptocurrency is a form of digital currency that can be used for purchases and investments. However, it's important to understand how to protect your digital assets from scams and hackers. How can i get my stolen funds


The FBI's Denver office has seen a rise in victims of crypto investment fraud, particularly involving Tether and USD Coin. According to a news release, Coloradans have lost millions of dollars in these schemes.
Business Email Compromise/Email Account Compromise (BEC/EAC) Scam

BEC/EAC scams involve sending phishing emails that mimic the email addresses of employees and executives. They then request transfers of funds and personal information, typically via a wire transfer.

They also use a phishing technique called domain spoofing, where a fraudulent website appears to be a legitimate site that looks very similar to the real thing. These types of attacks can be difficult to stop since they rely on people’s trust.

The FBI says that BEC/EAC scams are growing and have resulted in billions of dollars in losses. The most common way that scammers get their hands on corporate accounts is through phishing and keyloggers.

However, the fraudsters have also been known to steal confidential employee data. This includes their W-2 forms, invoices and crypto currency wallets.

When a company is victimized by BEC/EAC, the first step is to identify and remediate the malware that compromised the employees’ accounts. The next step is to educate and train employees about how to recognize these types of scams.

Unlike phishing and other email security threats, BEC/EAC scams rely on human frailty, so it’s critical to protect against these attacks with a people-centric approach. That means providing a comprehensive defense that prevents, detects and responds to a variety of attack techniques.

SSH Communications Security recommends implementing an advanced email security solution that can help protect your organization against this type of cyberattack. This solution can monitor your business emails for spoofed addresses, malware, and suspicious activity.

Additionally, educating employees about how to recognize suspicious requests for money or sensitive information is crucial. Be aware of urgent requests that aren’t always following your organization’s policies or procedures and ask for a verification in person or by phone to avoid any problems down the road.

High-level executive requests for unusual data or payment deadlines are also suspicious. Often, these requests are sent at short notice and may include a demand for immediate action.

CEO impersonation fraud is another type of BEC/EAC scam that can cause significant damage to your organization. The perpetrator will pose as the CEO or another top-level executive, and then trick you into transferring money or sensitive data to the attacker’s account.
Mobile App Scam

The FBI recently issued a warning about crypto scams that target new investors. These fraudsters use the names and logos of legitimate businesses to convince unsuspecting victims to install fake apps that steal their cryptocurrency. The agency identified at least 244 victims who have lost $42 million in this scheme.

This is a growing problem, and is particularly dangerous for younger victims. Nearly 100% of those under 40 use mobile banking apps, putting them at risk for phishing attacks and data theft.

These scams typically begin with an email from a scammer who appears to be from your bank, credit card company, or other familiar brand. The scammer will then send you a direct download link to a malicious app.

While these apps may look like the real thing, they are often injected with malware that can spy on you and steal personal information. They can also be used to access your phone location, carry out phishing activities, and misuse your payment gateway.

Fraudsters are increasingly copying and modifying popular apps to mimic them. They often do this by creating an augmented version of the app or by injecting their own malicious code into the app.

The FBI warns that these apps can be very dangerous. They may use your device's microphone to listen in on your conversations and can even steal your money, stealing up to $500 million each year.

If you have a smartphone, you should always download your apps from official stores like Google or Apple. These are the ones that have a much more rigorous approval process and are more likely to catch and ban fake apps.

It's also important to use secure passwords, and never give out your personal or financial details over the phone. Scammers can then gain access to your accounts and use them for fraudulent purposes.

If you've been a victim of a scam, you should report it to the FBI and file a complaint with your local law enforcement agency. The FBI's Internet Crime Complaint Center can help you file a complaint online, and you can also call your local FBI field office to speak with an agent about the incident.
Email Scam

During the past year, the FBI has seen an increasing number of cryptocurrency scams. These scams often involve a group of victims, but they can also occur individually.

Usually, the email scams have a link that goes to another website where you will be asked to provide your personal information. This can include your password, bank account details and other sensitive data. These emails can be very dangerous as they can infect your computer with malware and spyware.

You can tell if the email you have received is a scam by looking at its appearance, its tone and grammatical errors. If it appears to be a scam, do not click on any links or attachments and report the email to the email service provider.

A cybercriminal may have accessed your email address from a data leak, subscription to fake websites, public sources like social media or illegal purchase of user data. These types of attacks are referred to as phishing and they can be very dangerous as they can lead to identity theft, financial loss and data corruption.

These attacks can be very sophisticated and personalised. Scammers take the time to craft a message that is tailored to you, making it even more difficult for you to detect if the email is legitimate or not.

The FBI recommends checking with your banking institution or credit card company before responding to any suspicious requests. They also advise that you never click on a link or attachment in an email unless it comes from a trusted source such as a friend or family member.

Many types of email scams are related to a type of hacking called social engineering. This type of attack involves impersonating a trusted party, such as a bank or shipping company. It can include email, text or phone scams.

Scammers can also send you a fraudulent message that appears to come from the FBI or other government agencies, claiming that there is a problem with your personal information such as Social Security number. These messages are designed to blackmail you or extort money from you.
Phone Scam

Phone scams are a major concern, and they’re still on the rise. According to Truecaller, an app that blocks spam calls, 59 million Americans lost money to phone scams in 2021, and the average victim lost $1,200.

They use fake promises, aggressive sales pitches and phony threats to get you on the phone and into their web of scams. They often trick you into providing your bank account and credit card numbers over the phone. If you’re a victim of a scam, contact your bank to dispute the charges or contact the FBI and report them.

If you’re unsure about a call, it’s best to hang up. Scammers may use voice-recording software to record your conversations, which they can then use to commit unauthorized transactions in your name.

The scammer will often say they’re from your bank, the IRS, the FBI or other government agency and that you have an outstanding debt. They will then threaten you with jail time, fines or other penalties if you don’t pay.

This is a classic intimidation tactic, so always keep your options open and don’t be afraid to hang up. They’re usually calling from a number that doesn’t match the one on your caller ID, so it can be difficult to determine whether the caller is legitimate or not.

Scammers will also ask for sensitive information over the phone, such as your Social Security number (SSN) or credit card account numbers. SSN and credit card numbers are private information that should never be given over the phone, and reputable organizations will not ask for them.

You can prevent these types of scams by being on the lookout for any suspicious phone calls or texts. You can also watch your phone bill for unauthorized charges that you might not recognize.

Another strategy scammers use is to pose as a friend or loved one and eventually convince their victims they have a cryptocurrency investment opportunity, says Umphress. They then use a fake link or number to set up the investment account and steal the money from the victim.