Scammers demand crypto from stranded ships in Strait of Hormuz: Report

Scammers demand crypto from stranded ships in Strait of Hormuz: Report

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Shipping companies near the Strait of Hormuz are reportedly being targeted by scammers who impersonate Iranian authorities. These fraudsters demand payments in cryptocurrencies, specifically Bitcoin (BTC) or Tether (USDT), in exchange for 'safe passage' for the stranded vessels. The incident highlights the continued misuse of cryptocurrencies in illicit activities and scams.

Scammers demand crypto from stranded ships in Strait of Hormuz: Report

Shipping companies stranded near the Strait of Hormuz are reportedly being targeted by scammers posing as Iranian authorities, demanding Bitcoin or USDt for “safe passage.”