FBI issues warning about mobile game scams involving cryptocurrency

Dear players, beware!

Mobile Games are a part of many that provide us with the ideal way to escape reality. It must be designed in such a way that it provides entertainment for the player, and make him relaxed. Sadly, there are a few games that target their audience with various scams, and the FBI has issued a strict warning about the ongoing mobile game scams involving cryptocurrency.

FBI claims these scammers start by forming a bond with the potential victims

Mobile game scams are not new, but these scams are currently on the rise in the industry, which has made it difficult to keep a track of these scamming activities. To notify the players about the same, a recent public service announcement made by the Federal Bureau of Investigation made it clear to the players to stay away from such activities.

Image via FBI

“The FBI warns of criminals creating fake gaming applications (apps) to steal millions of dollars in cryptocurrency. Criminals contact victims online and build a relationship with victims over time. Criminals then introduce victims to an online or mobile game, in which players purportedly earn cryptocurrency rewards in exchange for some activity, such as growing crops on an animated farm.” the official statement read.

It has been said that criminals direct victims to create a cryptocurrency wallet, purchase cryptocurrency, and join a specific game app in order to participate in the game. They trick them using “more money, more rewards”. When victims stop depositing funds into their wallets, criminals use a malicious program that they unknowingly activated when they joined the game to drain their wallets.

cryptocurrency games
Image via Crypto Pop

This is not the first time that the FBI had to forward to announce such fraud. In April last year, the FBI issued a statement that the North Korea-based hackers were behind the $625 Million Axie Infinity Heist.

What are your thoughts on the FBI issuing the warning about cryptocurrency-related mobile game scams? Let us know in the comments below!

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