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Fraudsters began to appropriate cryptocurrency through NFT tokens

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Fraudsters began to appropriate cryptocurrency through NFT tokens
Another method of fraud with cryptocurrencies has become known. An unusual theft scheme was described by ESET specialists.

In detail about the fresh fraudulent scheme of the story, the head of one of the company's areas, Alexander Pirozhkov. According to him, in 2021, criminals learned how to distribute virus software for mining and access to crypto wallets using NFT tokens. At the same time, the technique has become more popular than fraud through torrent trackers and Internet resources with 18+ content. For the most part, hacking tools are embedded in mobile programs. The specialist explained that when distributed through NFT, gamers are usually offered a token with, for example, super skills or weapons, where the virus is embedded.

Fraudsters began to appropriate cryptocurrency through NFT tokens


Russian users suffered the greatest losses from fraudsters – in 2021, they accounted for 11.2% of the total number of attacks worldwide. The period with the highest activity fell on September-December last year, when 12.3% of fraud cases occurred. According to experts, Russian users own cryptocurrencies for a total of $214 billion. It is assumed that Russia came in first place in terms of the number of victims of criminals due to a weak level of technical and financial literacy.
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