Australian Federal Police are notifying crypto users about a rise in impersonation fraud. I can only speculate, but feel it is an educated guess that some loss occurred prompting a Police report and a Police response.
The scam appears to be a basic 'account locked' phishing email, impersonating the Binance exchange. Ordinarily this would go in the junk bin and promptly be added to spam filters, but the peculiar quasi-legality of crypto means the fraud filters on email security systems gather dust while this stuff proliferates.
The irony of warning fraudsters about fraud is not lost on me, but to accuse people of fraud implies intent, in the case of crypto the volume of misinformation creates victims and this website is about educating people how elaborate and deep the deception is. The AFP offer some good advice, if you are a crypto (Pyramid scheme) operator and should need it.
But the best protection I have found is I simply wouldn't give anyone a cent for fake Internet money, and you shouldn't either.
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