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Crypto Scams Surge Amid Israel-Hamas War: How Scammers Are Exploiting Crisis Posing As Charities

As the Israel-Hamas conflict continues, cybercriminals are exploiting the tragedy to dupe unsuspecting donors with cryptocurrency scams. According to a BleepingComputer report, numerous posts on social platforms like X (formerly Twitter), Telegram, and Instagram have shown scammers posing as charities and soliciting donations via cryptocurrency. These fraudulent accounts, laden with dubious crypto wallet addresses, are not affiliated with any official charities and are suspected to be scams. They manipulate emotions by posting graphic images of the war’s victims. One such account, “Gaza Relief…