Analyst Ogienko explains how to protect cryptocurrency from scammers
2025-06-11 14:06
"As digital assets grow in popularity, so does the activity of unscrupulous market participants. The main channels for theft are phishing, malicious apps, fake wallets, and social engineering," he noted.
In such circumstances, the most vulnerable users are those who store cryptocurrency on mobile devices without adequate security or who rely on dubious platforms, Ogienko said.
"The most common schemes now include fake token giveaways on behalf of well-known brands and exchanges, as well as spoofed technical support that gains access to seed phrases (wallet recovery phrases – RT). Malicious browser extensions and clones of popular wallets are in second place," he noted.
To reduce risks, it's worth using hardware wallets and devices disconnected from the internet to store large sums, Ogienko continued.
"It never hurts to be safe: don't share your seed phrases and private keys with anyone, not even 'support.' Always verify addresses manually and use two-factor authentication," he advised.
According to expert estimates, the total amount of Russian cryptocurrency held at the beginning of this year was estimated at 2 trillion rubles, Ogienko concluded.