Criminals steal crypto from fake play-to-earn games

						Array
(
    [ppma_authors_name] => Array
        (
            [0] => Isabella Aslam
        )

    [classic-editor-remember] => Array
        (
            [0] => classic-editor
        )

    [_edit_lock] => Array
        (
            [0] => 1678464312:19
        )

    [_edit_last] => Array
        (
            [0] => 19
        )

    [_thumbnail_id] => Array
        (
            [0] => 11878
        )

    [_wp_page_template] => Array
        (
            [0] => default
        )

    [_prlipro-post-options] => Array
        (
            [0] => a:3:{s:14:"requested_slug";s:0:"";s:19:"hide_social_buttons";b:0;s:20:"disable_replacements";b:0;}
        )

    [_bsf_post_type] => Array
        (
            [0] => 0
        )

    [_bsf_item_review_type] => Array
        (
            [0] => none
        )

    [_yoast_wpseo_focuskw] => Array
        (
            [0] => P2E scams
        )

    [_yoast_wpseo_metadesc] => Array
        (
            [0] => Scammers stole victims' funds by draining deposits from a wallet that was covertly activated with malware.
        )

    [_yoast_wpseo_linkdex] => Array
        (
            [0] => 57
        )

    [_yoast_wpseo_content_score] => Array
        (
            [0] => 60
        )

    [_yoast_wpseo_estimated-reading-time-minutes] => Array
        (
            [0] => 1
        )

    [_yoast_wpseo_wordproof_timestamp] => Array
        (
            [0] => 
        )

    [post_introduction] => Array
        (
            [0] => Scammers stole victims' funds by draining deposits from a wallet that was covertly activated with malware.
        )

    [_post_introduction] => Array
        (
            [0] => field_5e8bb40d3036a
        )

    [time_to_read] => Array
        (
            [0] => 2 mins read
        )

    [_time_to_read] => Array
        (
            [0] => field_5ea04c4ba2fca
        )

    [in_summary] => Array
        (
            [0] => 
        )

    [_in_summary] => Array
        (
            [0] => field_62542d4010cad
        )

    [ppma_disable_author_box] => Array
        (
            [0] => 0
        )

    [_yoast_wpseo_primary_category] => Array
        (
            [0] => 7
        )

)

Updated March 10, 2023 | Published March 10, 2023

2 mins read

Scammers stole victims' funds by draining deposits from a wallet that was covertly activated with malware.

The Federal Bureau of Investigation has warned consumers of scammers stealing millions in cryptocurrencies via fake gaming apps.

The criminals advertised the apps as play-to-earn games offering financial incentives to players after reportedly contacting victims and building a relationship with them over time.

The victims were then introduced to an online or mobile game with the view to earning crypto rewards for playing variants of the same game. One of the fraudulent games was to earn money by growing crops on an animated farm.

Before playing, scammers asked the victims to create a cryptocurrency wallet to purchase crypto and participate in the game.

The victims were told the more money they stored in their wallet, the more rewards they could earn from playing.

Once users stopped depositing funds, the scammers drained the wallets using a malicious program unknowingly activated by the victims upon joining the game.

Additionally, the cyber-criminals initiated a secondary scam by telling users to pay additional taxes or fees to reclaim their funds, however, when attempted those funds had also been drained.

Crypto scammers have been cultivating the industry for years hacking innocent players' accounts for their cryptocurrencies.

To protect yourself from scams always create your own unique wallet; use a third-party blockchain and a third-party token allowance checker.

Looking for your next crypto casino? Check out: Bitcasino or FortuneJack.

Written by Isabella Aslam

Reporter

Isabella is an experienced writer in B2B and B2C journalism. Alongside crypto, Isabella writes and discusses the topics of relationships and psychology. Isabella holds a first-class degree in music journalism and often interviews electronic artists and DJs.
Best Casinos to play with…
Bitcoin
1
PLAY NOW
2
PLAY NOW
3
PLAY NOW
4
PLAY NOW
5
PLAY NOW
1
PLAY NOW
2
PLAY NOW
3
PLAY NOW
4
PLAY NOW
5
PLAY NOW
1
PLAY NOW
2
PLAY NOW
3
PLAY NOW
4
PLAY NOW
5
PLAY NOW
The Ledger: France toughens crypto stance, SEC goes after Coinbase
The Ledger: Crypto criminals face pressure, new regulation rolls in

Similar News

Flybondi 
								Array
(
    [0] => WP_Term Object
        (
            [term_id] => 8326
            [name] => Flybondi
            [slug] => flybondi
            [term_group] => 0
            [term_taxonomy_id] => 8326
            [taxonomy] => post_tag
            [description] => 
            [parent] => 0
            [count] => 1
            [filter] => raw
        )

    [1] => WP_Term Object
        (
            [term_id] => 8327
            [name] => Mauricio Sana
            [slug] => mauricio-sana
            [term_group] => 0
            [term_taxonomy_id] => 8327
            [taxonomy] => post_tag
            [description] => 
            [parent] => 0
            [count] => 1
            [filter] => raw
        )

    [2] => WP_Term Object
        (
            [term_id] => 5246
            [name] => NFT
            [slug] => nft
            [term_group] => 0
            [term_taxonomy_id] => 5246
            [taxonomy] => post_tag
            [description] => 
            [parent] => 0
            [count] => 270
            [filter] => raw
        )

)

Flybondi airline to issue NFT tickets

31/03/2023|18:30

The Argentinian airline Flybondi plans to integrate into web3 by issuing e-tickets as NFTs. The new integration, named Ticket 3.0,...
Ben Ng 
								Array
(
    [0] => WP_Term Object
        (
            [term_id] => 8324
            [name] => Ben Ng
            [slug] => ben-ng
            [term_group] => 0
            [term_taxonomy_id] => 8324
            [taxonomy] => post_tag
            [description] => 
            [parent] => 0
            [count] => 1
            [filter] => raw
        )

    [1] => WP_Term Object
        (
            [term_id] => 8325
            [name] => Curt Shi
            [slug] => curt-shi
            [term_group] => 0
            [term_taxonomy_id] => 8325
            [taxonomy] => post_tag
            [description] => 
            [parent] => 0
            [count] => 1
            [filter] => raw
        )

    [2] => WP_Term Object
        (
            [term_id] => 5226
            [name] => metaverse
            [slug] => metaverse
            [term_group] => 0
            [term_taxonomy_id] => 5226
            [taxonomy] => post_tag
            [description] => 
            [parent] => 0
            [count] => 86
            [filter] => raw
        )

    [3] => WP_Term Object
        (
            [term_id] => 8322
            [name] => ProDigital Future
            [slug] => prodigital-future
            [term_group] => 0
            [term_taxonomy_id] => 8322
            [taxonomy] => post_tag
            [description] => 
            [parent] => 0
            [count] => 1
            [filter] => raw
        )

    [4] => WP_Term Object
        (
            [term_id] => 8323
            [name] => Saif Partners
            [slug] => saif-partners
            [term_group] => 0
            [term_taxonomy_id] => 8323
            [taxonomy] => post_tag
            [description] => 
            [parent] => 0
            [count] => 1
            [filter] => raw
        )

    [5] => WP_Term Object
        (
            [term_id] => 5510
            [name] => web3
            [slug] => web3
            [term_group] => 0
            [term_taxonomy_id] => 5510
            [taxonomy] => post_tag
            [description] => 
            [parent] => 0
            [count] => 53
            [filter] => raw
        )

)

ProDigital Future to raise $100m for Hong Kong crypto...

31/03/2023|17:47

Hong Kong-based fund ProDigital Future aims to raise $100m this year to invest in digital asset start-ups in a quest...
Aiden Pleterski 
								Array
(
    [0] => WP_Term Object
        (
            [term_id] => 7125
            [name] => Aiden Pleterski
            [slug] => aiden-pleterski
            [term_group] => 0
            [term_taxonomy_id] => 7125
            [taxonomy] => post_tag
            [description] => 
            [parent] => 0
            [count] => 4
            [filter] => raw
        )

    [1] => WP_Term Object
        (
            [term_id] => 197
            [name] => Binance
            [slug] => binance
            [term_group] => 0
            [term_taxonomy_id] => 197
            [taxonomy] => post_tag
            [description] => 
            [parent] => 0
            [count] => 159
            [filter] => raw
        )

    [2] => WP_Term Object
        (
            [term_id] => 5164
            [name] => Changpeng Zhao
            [slug] => changpeng-zhao
            [term_group] => 0
            [term_taxonomy_id] => 5164
            [taxonomy] => post_tag
            [description] => 
            [parent] => 0
            [count] => 35
            [filter] => raw
        )

    [3] => WP_Term Object
        (
            [term_id] => 5216
            [name] => crypto.com
            [slug] => crypto-com
            [term_group] => 0
            [term_taxonomy_id] => 5216
            [taxonomy] => post_tag
            [description] => 
            [parent] => 0
            [count] => 68
            [filter] => raw
        )

    [4] => WP_Term Object
        (
            [term_id] => 7372
            [name] => Matt Damon
            [slug] => matt-damon
            [term_group] => 0
            [term_taxonomy_id] => 7372
            [taxonomy] => post_tag
            [description] => 
            [parent] => 0
            [count] => 3
            [filter] => raw
        )

    [5] => WP_Term Object
        (
            [term_id] => 4984
            [name] => NASDAQ
            [slug] => nasdaq
            [term_group] => 0
            [term_taxonomy_id] => 4984
            [taxonomy] => post_tag
            [description] => 
            [parent] => 0
            [count] => 4
            [filter] => raw
        )

    [6] => WP_Term Object
        (
            [term_id] => 1050
            [name] => roobet
            [slug] => roobet
            [term_group] => 0
            [term_taxonomy_id] => 1050
            [taxonomy] => post_tag
            [description] => 
            [parent] => 0
            [count] => 7
            [filter] => raw
        )

    [7] => WP_Term Object
        (
            [term_id] => 5219
            [name] => Snoop Dogg
            [slug] => snoop-dogg
            [term_group] => 0
            [term_taxonomy_id] => 5219
            [taxonomy] => post_tag
            [description] => 
            [parent] => 0
            [count] => 7
            [filter] => raw
        )

    [8] => WP_Term Object
        (
            [term_id] => 5710
            [name] => telegram
            [slug] => telegram
            [term_group] => 0
            [term_taxonomy_id] => 5710
            [taxonomy] => post_tag
            [description] => 
            [parent] => 0
            [count] => 6
            [filter] => raw
        )

    [9] => WP_Term Object
        (
            [term_id] => 2465
            [name] => tether
            [slug] => tether
            [term_group] => 0
            [term_taxonomy_id] => 2465
            [taxonomy] => post_tag
            [description] => 
            [parent] => 0
            [count] => 14
            [filter] => raw
        )

    [10] => WP_Term Object
        (
            [term_id] => 4882
            [name] => The Ledger
            [slug] => the-ledger
            [term_group] => 0
            [term_taxonomy_id] => 4882
            [taxonomy] => post_tag
            [description] => 
            [parent] => 0
            [count] => 91
            [filter] => raw
        )

    [11] => WP_Term Object
        (
            [term_id] => 4947
            [name] => US Commodity Futures Trading Commission
            [slug] => us-commodity-futures-trading-commission
            [term_group] => 0
            [term_taxonomy_id] => 4947
            [taxonomy] => post_tag
            [description] => 
            [parent] => 0
            [count] => 10
            [filter] => raw
        )

)

The Ledger: CFTC goes after Binance, Nasdaq reveals crypto...

31/03/2023|16:24

Binance been assailed by the Commodity Futures Trading Commission (CFTC) which has called out the exchange on “willful evasion of...