Crypto Scammers Are Getting More Creative, Microsoft Warns of New Threats

The threat actor appears to be well-versed in the inner workings of the crypto industry. Microsoft revealed that malicious entities are getting more sophisticated by the day. According to a new report, Telegram chat groups are being used to target cryptocurrency investment companies.

The post published by Microsoft’s Security Threat Intelligence team stated the threat actors had significant knowledge of the crypto investment industry and invited at least one target (posing as representatives of other crypto asset management firms) to another Telegram group. The main goal is to engage and discuss a relevant topic to gain the target’s trust. who infiltrated Telegram groups posing as a representative of a crypto platform.