Beware of Bitcoin Double Money Scams on Telegram: Telegram is a popular messaging app that allows users to create groups, channels, and bots. It is also a platform where many people interested in cryptocurrencies and blockchain can communicate and exchange information. However, Telegram is also a hotspot for scammers who target unsuspecting users and lure them into fraudulent schemes involving Bitcoin and other digital currencies.
One of the common scams on Telegram is the fake mining service. In this scam, a Telegram channel or bot claims to offer a service that can mine Bitcoin or other cryptocurrencies for you, with guaranteed returns in a short period of time. The channel or bot may use fake testimonials, videos, or images to appear legitimate and trustworthy. They may also use logos or names of reputable companies or media outlets to create a false sense of credibility.
One such scam is conducted by a person from Madhya Pradesh named as Dhanapal; Whatapp account name Bitcoin and he runs a group on telegram. Once he receives the desired amount, he blocks his clients and escapes!
His current telegram group has 386 members:
How to Avoid Telegram Bitcoin Double Money Scams?
Telegram Bitcoin scams are similar to other types of phishing attacks, where scammers use social engineering tactics to trick you into giving up your personal information or money. To avoid falling victim to these scams, you should follow some basic security tips:
- Do not trust anyone who contacts you unsolicited on Telegram or any other platform, especially if they offer you something that sounds too good to be true.
- Do not click on any links or open any attachments that are sent by strangers or suspicious sources. They may lead you to malicious websites or infect your device with malware.
- Do not send any money or cryptocurrency to anyone you do not know or trust. Always verify the identity and reputation of the person or entity you are dealing with before making any transactions.
- Do not share your personal information, such as your phone number, email address, bank account details, crypto wallet address, or 2FA codes with anyone online. Scammers may use this information to access your accounts or steal your identity.
- Do not download or install any software or apps that are recommended by strangers or dubious sources. They may contain spyware or viruses that can compromise your device or data.
- Do some research before joining any Telegram channel, group, or bot that claims to offer cryptocurrency-related services or information. Check their website, social media accounts, reviews, ratings, and feedback from other users. Look for signs of legitimacy, such as official verification badges, clear contact details, and transparent policies.
- Report any suspicious activity or scam attempts to Telegram’s support team and authorities. You can also warn other users about potential scams by sharing your experience on forums, blogs, or social media.
Telegram is a useful and convenient tool for communicating and learning about cryptocurrencies and blockchain. However, it is also a playground for scammers who prey on naive and greedy users. By being vigilant and cautious, you can protect yourself from Telegram Bitcoin scams and enjoy the benefits of this innovative technology.