Scammers Exploit Israel-Hamas Crisis with Fake Crypto 'Charity' Scams
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Scammers are using the Israel-Hamas war to create fake crypto donation accounts on social media and send fraudulent fundraising emails impersonating real charities.
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Accounts on platforms like X, Telegram, and Instagram are listing crypto wallet addresses and enticing people to donate to fake "charities" using emotional pleas and graphic images.
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Over 500 fraudulent fundraising emails have been sent out seeking domains "for those affected on both sides", with some including fake charity websites that accept crypto donations.
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Researchers urge scrutinizing donation pages thoroughly before contributing, as fake sites often lack key details on the charity organizers, legitimacy documentation, and fund usage transparency.
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To avoid scams, research unknown organizations seeking donations, check charity review sites, and donate only through known, established charities like the UNRWA or Red Cross.