Legal Action Against Fake Domains

The financial giant BlackRock issued an official warning via its social media account regarding scams related to cryptocurrencies.

BlackRock explained:

We urge everyone to be careful when dealing with individuals, websites or social media platforms that use our brand to offer training or investments.

The company stressed that it never communicates with individuals via social media platforms.

Legal action against fake domains:
Last year, BlackRock took legal action against the owners of several fake domains impersonating the New York-based company, with the aim of defrauding investors.

Some of these fake websites were related to cryptocurrencies.

Last December, a fake XRP exchange-traded fund (ETF) named “BlackRock iShares XRP Trust” was introduced by a scammer, leading to a significant rise in the price of Ripple’s altcoin.

BlackRock ended up issuing a statement confirming that the recording was fake.

Posted using Tribaldex Blog