Deribit Warns of Job Scams: Fake Recruiter Profiles Target Crypto Community

Deribit warns of increasing job scams where malicious actors target the crypto professionals offering lucrative opportunities.
By Nynu V Jamal
Deribit Warns of Job Scams: Fake Recruiter Profiles Target Crypto Community

Highlights

  • Exchange Deribit warns of increasing crypto job scams and advises to stay vigilant.
  • Scammers pose as recruiters and offers lucrative job opportunities for crypto professionals.
  • They create fake LinkedIn profiles to attract job seekers.

As crypto scams are on the rise, the community is increasingly falling victim to the malicious actors’ sophisticated tactics. Cautioning against the recent surge in the crypto job scams, Deribit, a prominent crypto exchange, has shared an X post.

Notably, Deribit warned that scammers are pretending to offer lucrative job opportunities, targeting job seekers, particularly those within the crypto industry.

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Job Scams Rise, Target Crypto Community: Deribit

In a notable development, crypto exchange Deribit issued a warning against the increasing number of job scams. The exchange cautioned that the scammers lure job seekers by falsely offering promising opportunities. Disguised as top recruiters, these malicious actors deceive job applicants, with a particular focus on developers and senior professionals within the cryptocurrency industry.

In an official X post, Anthony Sweeney, CISO at Deribit stated,

In recent weeks, we’ve noticed a surge in scammers posing as recruiters claiming to work for Deribit (and likely other well-known firms soon). The crypto industry often pioneers the latest fraud tactics, and this scam is no exception—we expect it to spread to other sectors fast. Please share this warning to help protect others.

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Scammers Use Fake LinkedIn Profiles, Says Deribit

According to the Deribit executive, scammers create fake LinkedIn profiles posing as top recruiters for prominent crypto platforms, including Deribit itself.

Further, the scammers post attractive advertisements for high-paying job openings. They specifically target senior personnel or developers to access sensitive information.

After making contact, the scammers employ various tactics to defraud their victims. According to Deribit, these tactics include tricking candidates into downloading malware disguised as an “online assessment” and offering fake jobs with “exclusive pre-hire perks,” such as discounted company shares. Ultimately, the scammers target embezzling the victims’ money. In addition, scammers may also arrange in-person meetings. They request candidates to bring their official work laptops, likely with the intention of gaining unauthorized access to sensitive company data.

Today, sleuth SlowMist warned EOS token holders of significant security risks. Fraudsters are sending small EOS transactions to users, using fake addresses that look like real trading platforms. This tricks them to send funds to the scammers.

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How To Stay Safe from Job Scams?

Recently, job scams have significantly increased as individuals seeking high-paying job opportunities become increasingly vulnerable to fraudulent schemes. As revealed by Chainalysis, daptonerecordsmusicalbums[.]com, a fake job website posing as a record label, successfully scammed victims out of over $300,000 in Bitcoin and $83,605 in Ether in just two months. In another instance, the fraudulent website outlierventures-app[.]com collected 362 deposits within a single week, amassing a total of $95,000 from unsuspecting victims.

It is noteworthy that meme coins scams have also become a trend now-a-days. Recently, scammers launched a fake meme coin called the National Hong Kong Coin impersonating the city’s Chief Executive.

Amidst these increasing job scams, Deribit cautions the community to stay vigilant. The crypto exchange advises individuals to verify the authenticity of recruiters’ profiles. The company asks the community to ensure that the profile has clear connections with the platform they claim to represent.

Additionally, Deribit suggests that the candidates should contact the company’s HR department directly through official channels to confirm the recruiter’s identity, even if their profile appears legitimate.

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Nynu V Jamal
Nynu V Jamal is a Senior Journalist at CoinGape. She boasts more than 3 years of experience in content writing, with expertise in crypto and blockchain. She has contributed to platforms like CoinEdition and CryptoTale, demonstrating her proficiency in navigating the dynamic crypto landscape. Beyond her journalistic pursuits, Nynu is a literary enthusiast, having served as an Assistant Professor of English Language and Literature. She is a Master's degree holder in English Literature and a UGC NET qualifier. Her academic background has enabled her to publish research papers on literature, while also nurturing her creative side as a published poet. Her creative side extends to music, crafts, and art, which she actively explores. Her unique blend of analytical and creative skills allows her to craft engaging stories that captivate audiences. Stay updated with Nynu on LinkedIn
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