How Hackers Steal Your Crypto and How to Protect yourself!

#Bitcoin #Crypto #Hackers #Scammers #Thieves #howtoprotectyourself
DISCLAIMER: InvestAnswers does not provide financial, investment, tax, or legal advice. None of the content on the InvestAnswers channels is financial, investment, tax, or legal advice and should not be taken as such; the content is intended only for educational and entertainment purposes. InvestAnswers (James) shares some of his trades as learning examples but they are only relevant to his specific portfolio allocation, risk tolerance & financial expertise, may not constitute a comprehensive or complete discussion of such topics, and should not be emulated. The content of this video is solely the opinion(s) of the speaker who is not a licensed financial advisor or registered investment advisor. Trading equities or cryptocurrencies poses considerable risk of loss. Kindly use your judgment and do your own research at all times. You are solely responsible for your own financial, investing, and trading decisions.

Crypto is Valuable & More Popular Than Ever and Scammers want in.

WHY:
Digital currencies aren’t regulated
Crypto community preference to self-regulate
Newbies to the game are low hanging fruit

Giveaway Scam
We will double your money

Phishing Scam
They will use an email address and picture like mine!

Social Engineering

Fake Crypto Sites

All they need is
your name
ph number
email

Warning for all

Impersonating others using fake emails
Irresistible offers
Stealing funds from victims through knock-off cryptocurrency trading websites
Social Engineering: How They Do It

A Real Case - Fake Email

Fake emails used with my photo:

What they wrote:

Looks legit
There are others
Real Case: Fake Website Scam

Search Google for “crunchbase” plus the website
Not many results? Possible fake.
Real Case - Verify Legitimate Websites

Enter website in ‘Companies’ tab
No results? Very likely fake.
Real Case - Verify Legitimate Websites

How to Protect Yourself
Add 2nd layer of security using 2FA
Keep track of your wallet transactions
Use multiple exchanges and wallets
Delete all remote-access software
Use “advanced recovery phrase”
Watch for phishing and malware
Block invisible trackers, apps and plugins
Secure browser with extensions
Use a password generator, or don’t use the same password for everything

Tip #16: Keep track of latest developments and scams.

If You’ve Been Scammed
Hit the kill switch (lock down) to protect yourself from further risks
Report the scam to the FTC
Reset your passwords
Inform your bank/brokerage your financial information may have been stolen
Update your antivirus software

Want more?
(you know what to do!)

[johnehlenbeckart]

Only a scammer would down-vote this video.

[theaccountant]

If you fall for a "giveaway scam" where they say they will send you back double immediately, then you being scammed is just natural selection

[MeMe-dgoh]

One of my favorite channels. Needs 1 million subs!

[eamonmulholland]

I’m an offensive security engineer and always appreciate seeing people spread cybersecurity awareness. Great vid man

[obijuan]

Thanks for the heads up! We need more disclosures like this by people discussing stocks or crypto.

[tylerdurden]

All you have to do to make money in crypto is just buy it and HOLD IT! You can sell it later on a proper exchange, pay a bit in taxes and call it a life of leisure.
GREED is what will cost you in the long run.

[aolegario]

Use Brave browser. Use Authy for 2fa and turn off ‘Allow multi-device’ so hackers can’t use authy on another device. Use a separate phone number and email for your crypto accounts

[theman]

World needs more people like you my friend. Thank you for the knowledge and for you looking out for all of us. You the man. And again... Thank you.

[milootje]

I got a Facebook ad from "Coïnbase" so naturally, i reported it to Facebook, trying to be a good citizen and all... But one hour later Facebook mailed me back basically saying that there was nothing wrong with Coïnbase. So apparently you shpould't be concerned about the 2 dots on the i, it's fine, Facebook said so.

[yoberto]

This is a super important video, I’ve seen the scams and it’s good that people become aware of them. Definitely sharing this video!

[CryptoBlick]

This is fantastic! Thank you for educating people on the importance of security... there are way too many people falling for scammers in the crypto space.

[bequickx]

You should do a part 2 - hardware wallets and seed words.

[fannyjacob]

The dude is just not fakeing . The finishes of the goals. Beautiful. Magisterial. Love you *leapnotch!.* .🙏🏼

[kitifane]

I've have received numerous texts and emails after the Ledger data breach, I changed email and bought a phone that isn't attached to my name anymore. I only use this for crypto and nothing else. Just scares me they have my address, smh. I'm just waiting for the next breach.

Thank you so much for this info.

[PeaceChanel]

Thank You for All that you are doing for Humanity...
Peace.. Shalom.. Salam.. Namaste ..
🙏🏻 😊 🌈 ✌🌷 ☮️ ❤️ 💐 🕊

[catl]

This is great information! I am from NY so we are naturally paranoid here, lol. Scammers have tried to scam me out of money, etc. thru ought my life, but no one is pulling the rug out from me. Anyway, I have read that your private info can be stolen by "sim swapping" from your phone. I don't know how that works, but I don't do any banking, investing, from my phone. You did not mention the sim swapping, but thanks for your DD! :)

[ChintanCG]

I don't get why Google can't implement a simple solution on YouTube to prevent anyone with the same name or display pic to comment on the video

[islandboyproduction]

thank you for informing others including myself about the dangers about crypto scams

[RoopaDudleyPaintings]

It would make sense if they start establishing Crypto Banks for lay people like me where we can buy Cryptos in cash. I don't feel confident to do this on my own on my computer. I do like your "Bull" sculpture that you always place in your video backgrounds. Nice touch.

[lycan]

Even thought I knew most of these scams and how to avoid them, I need to say thanks, it is always good to have a little reminder so I do not get to comfortable. Also thanks for all the great videos so far.