CoinsDo Issues Warning Against Impersonation and Scam Websites
CoinsDo, a leading decentralized Wallet-as-a-Service (WaaS) provider, has issued a public disclaimer addressing recent reports of scams involving fraudulent websites, impersonation attempts, and phishing emails that misuse its name to deceive unsuspecting individuals.
The first type of scam involves impersonation emails. Fraudsters are sending emails from the address [email protected], falsely claiming to represent CoinsDo. These impersonators attempt to extract sensitive information or deceive users into monetary transactions.
The second type of scam involves a fraudulent website being set up to imitate CoinsDo’s official platform. Users are reminded that CoinsDo’s legitimate website is exclusively coinsdo.com. Any other domain is not associated with the company.
The third type of scam involves phishing emails from “CoinWallet”, where malicious actors are emailing victims, promising “large payouts” while requesting small fees to “recover damaged blocks” on the blockchain. These scams are designed to steal funds or sensitive data.
The final type of scam is designed to trick users into transferring TRX in exchange for access to USDT. This tactic, known as the Tron Multisig Scam, has been a well-known ploy in the crypto community for years.
As a decentralized platform open to the public, CoinsDo is unable to control how individuals use its technology. However, the company is deeply committed to safeguarding its users, proactively monitoring for fraudulent activities as well as collaborating with relevant authorities to mitigate risks and act swiftly to address such threats.
CoinsDo remains steadfast in its mission to provide a secure and decentralized wallet experience. The company urges its users to remain vigilant and take necessary precautions to avoid falling victim to scams.
Key Points to Note:
- CoinsDo will never ask users to send digital assets for verification purposes. All necessary verifications are conducted securely on their platform without requiring financial transactions from users.
- CoinsDo will never provide users with a seed phrase or private key. Users should generate and securely store their seed phrases or private keys themselves, as these are critical to maintaining control over their wallets.
- Only trust communications from [email protected]. Always verify the sender’s email address to ensure its legitimacy.
- If you encounter any suspicious requests or suspect a phishing attempt, report it immediately to our support team at [email protected].
For media inquiries, please contact:
Tan Weh Ming
Business Development Manager, CoinsDo
Useful Links:
Website: https://coinsdo.com
X (Twitter): https://x.com/CoinsDogroup
LinkedIn: https://www.linkedin.com/company/coinsdo/
Disclaimer: This is a paid press release! Chain.Buzz does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. Chain.Buzz is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
