5 COVID-Related Cryptocurrency Scams that Can Trick You Out of Your Money

While most of the world is in a lockdown due to the COVID-19 pandemic, many people have lost their jobs or sources of income. While searching for a way to improve the situation, it is rather easy to fall victim to a fraudulent scheme.

As the outbreak of the coronavirus has put most of the planet into a lockdown, scammers and fraudsters take their chance to make some profit for themselves. Some of them target critical health departments of governments, non-profit organizations (including WHO), and private firms working hard to curb the COVID-19 pandemic. The World Health Organization (WHO) has in recent weeks registered a rapid hike in the number of hacks, most of which demand ransoms in cryptocurrency.

However, ordinary people suffer no less, and even more, as scammers trick them out of their last money. In conditions when it is not so easy to earn funds, it might be fatal for some families. Coinidol.com, a world blockchain news outlet, has gathered a list of the most widespread scam schemes related to coronavirus, in order to help our readers protect themselves.

Read on how to protect yourself from covid-related scams here - https://coinidol.com/covid-style-cryptocurrency-scams/