Cybercriminals using Russia sanction confusion for Bitcoin scams

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“Your account will be deactivated – Russia sanctions.” Messages along these lines are the subject of a growing number of fake emails sent by cybercriminals amid Russia’s invasion of Ukraine and the global insecurity it has caused. Fraudsters claim that all financial service providers are now obliged verify their data in order to comply with sanctions against Russia. Among the first targets was the German trading platform, the State Criminal Police Office (LKA) in the state of Lower Saxony warned in March. Other platforms and banks are now expected to be targeted in further waves of …

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