Knowledge is your best defense! Learn how to spot and avoid Multisig Scams with our essential guide. Protect your assets and stay one step ahead! Read more 👉🏼 https://t.co/1ZEzTK9jmK https://t.co/VwGXsrCa3Y
A new scam is on the rise. The "share-seed-phrase" scam tricks users into sending funds to "safe" wallets controlled by scammers. Stay vigilant and never share your private information! ⚠️
A Guide to Safe Cryptocurrency Storage https://t.co/Yw4Dz4AwBx
Recent warnings from various sources highlight an increase in 'share seed phrase' scams targeting cryptocurrency users. Scammers are employing tactics that mislead users into revealing their seed phrases under the pretense of providing support or recovery tools. Once the scammers obtain this sensitive information, they can access and deplete users' funds. Experts recommend vigilance and emphasize the importance of safeguarding private information. Binance has released guides on identifying and avoiding these scams, including a focus on Multisig scams, while other platforms like CypherockWallet and Datafloq have also provided resources on safe cryptocurrency storage.