At HoneyBadger, our priority is your safety and security, and we want to assure you that no HoneyBadger employee will ever ask you for money or Bitcoin, nor offer you the same out of the blue. If you are approached in such a manner, please reach out to us through our Contact Us page immediately.
Understanding common scams is the first step towards safeguarding your digital assets. Here’s what to watch out for:
Investment Schemes: Scammers may pose as ‘investment managers’, promising unrealistic returns on Bitcoin investments. They may ask for an upfront fee and steal it instead of making investments.
Rug Pull Scams: Scammers ‘pump up’ a new cryptocurrency project, take the funding, and disappear, leaving investors with a valueless asset.
Romance Scams: These scams involve a scammer, often on dating apps, convincing the other party to buy or gift cryptocurrency, then disappearing after receiving the funds.
Phishing Scams: Scammers send emails with malicious links to fake websites to gather personal details, like cryptocurrency wallet key information.
Man-in-the-Middle Attacks: Scammers intercept sensitive information sent over public networks, including wallet keys and account information.
Social Media Giveaways: Fake posts on social media promising Bitcoin giveaways often lead to fraudulent sites where victims can lose their funds or personal information.
Ponzi Schemes: Scammers lure new investors with the promise of high profits with little risk, then use new investors’ funds to pay older ones.
Fake Exchanges: Scammers lure investors with the promise of a great cryptocurrency exchange, which turns out to be nonexistent after the investor loses their deposit.
Fraudulent Employee Offers: Scammers impersonate employees of cryptocurrency companies to gain access to a customer’s fiat or cryptocurrency accounts.
We urge all our valued customers to stay vigilant and informed. Always verify sources and exercise due diligence. Remember, if something seems too good to be true, it probably is. At HoneyBadger, we are committed to your security, and together, we can create a safer Bitcoin community.