Kraken warns crypto users to stay alert
Fake WiFi networks, QR codes, and USB stations are being used to steal crypto.
Kraken has raised concerns over the lack of basic security awareness among crypto users attending industry events. Kraken’s security team observed unlocked devices, unattended phones, and careless talk of personal wealth at conferences, exposing attendees to potential exploitation.
Head of Security Nick Percoco warned that these behaviours compromise individual assets and the safety of entire projects.
Percoco highlighted how scammers easily blend in by posing as legitimate attendees. Tactics include juice jacking, compromised Wi-Fi networks, and malicious QR codes.
He advised using burner wallets with minimal funds during conferences, locking all devices, and avoiding unsecured public connections.
There has also been a rise in offline threats targeting crypto holders. Kraken observed attendees casually discussing trades while wearing conference badges with full names and company details.
With reports of kidnappings and in-person crypto thefts increasing globally, experts say discretion and strong operational security are more crucial than ever.
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