Fraudsters offer free Bitcoin on chopped government pages in Russia because crypto fraud increases-Bitcoin News

Fraudsters offer free Bitcoin on chopped government pages in Russia because crypto fraud increases-Bitcoin News

unknown fraudsters have organized a fake Bitcoin advertising ghost through a chopped Russian government website. The news of the attack comes after a recently published report revealed that the damage caused by crypto fraud in Russia in the first half of this year achieved a value of $ 30 million.

Website of the regional government in Russia chopped by fraudsters

The main website of the local administration in the Russian city of Rjasan, around 200 km southeast of Moscow, was attacked twice by hackers on one day, Rzn.info Registered by the crypto-news agency forlog. The not identified attackers published an advertisement that offers cryptocurrency for those who download a special application.

The fraudsters initially promised to send 0.025 втс to send every visitor who installed the app. Later they changed the offer to a price of $ 1,000 in Bitcoin for each of five randomly selected participants in the "Ryazani online lottery". Both ads have already disappeared from the mayor's website, but the local news agency has published a screenshot of one of the ads.

Source: rzn.info

crypto fraud in Russia worth $ 30 million this year

The volume of fraud in connection with cryptocurrencies around the world increased significantly in 2021. In the first half of the year, the losses amounted to an estimated $ 1.5 billion, which is two to three times as high as in the comparison period of the previous year, experts from the IT security company Zecurion tells the Russian daily Izvestia.

According to the report published at the beginning of this week, the Russian Federation is eliminated by 2% of the global amount-around $ 30 million or almost 2.2 billion rubles. Analysts believe that the main reasons for the increase in the increasing exposure of users towards digital assets and the desire to achieve quick profits in an expanding sector with limited regulations in view of the volatility in the traditional financial markets. They also expect that the crypto fraud will continue to increase this year, which will lead to an annual increase of 15%.

In July, the central bank of Russia (CBR) announced It had identified 146 financial pyramid systems in the first six months of the year. The number is 1.5 times higher compared to the same period of 2020. Fraudsters often attract people with weak financial competence to investment fraud in connection with cryptocurrencies or crypto mining, said the supervisory authority. The CBR attributed the increase to the increasing activity of "unfair market participants" and the investment demand in Russia.

Blockchain forensics company Chainalysis this week unveiled this week Crypto addresses based in Eastern Europe sent $ 815 million of digital currency to fraudsters in a single year. More than half of the money that was transferred to fraudulent addresses from the region went to the Finiko Ponzi program based in Russia. The pyramid aimed at crypto owners in Russian-speaking population groups in the former Soviet area with promises of 30% monthly returns before collapsing in July.

Do you agree to the expectations of experts that crypto fraud will continue to increase this year? Share your thoughts on this topic in the comments below.

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