A recent report has raised alarms over the increasing use of digital RMB wallets by criminals for fraudulent activities and money laundering. Scammers are employing tactics involving high-return promises to entice victims into purchasing these wallets, which are subsequently used in telecom fraud schemes. Additionally, fake activity pages are being utilized to extract personal data and funds from unsuspecting users. Experts emphasize the importance of treating digital RMB like cash, urging users to safeguard their passwords and verification codes. As the crypto market experiences volatility, with fluctuating support and resistance levels, users are advised to remain vigilant against these sophisticated threats.
Criminals Exploit Digital RMB Wallets for Fraud and Money Laundering
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