Informzaschita warns of rising number of unscrupulous crypto traders

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In March 2023, the number of small cryptocurrency exchangers in the Russian-speaking part of the Internet increased significantly compared to February, and some of them turned out to be fraudulent. In this respect Wrote The newspaper “Kommersant”, which refers to the message of the Russian holding “Informzashchita”.

The company noted that the share of unscrupulous transactions in the cryptocurrency exchange space has increased by 1.5 times and continues to grow.

As Russian information security developer Positive Technologies has calculated, the number of fraudulent cryptocurrency exchanges in March was three times higher than in the same month of 2022.

Fraudulent crypto exchanges include those who perform transactions that violate their obligations. For example, bids offered for buy/sell may differ from the settlement rate, including hidden commissions. Organizations that receive money or cryptocurrencies but do not provide anything in return can be caught.

Press service of the Bank of Russia in the second half of March saidthat Russian households investing in cryptocurrency have an average of 17.5 thousand rubles. in such an entity.

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