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Millionero Warns About Phishing Schemes: User Protection Guidelines

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by Giorgi Kostiuk

11 hours ago


The cryptocurrency exchange Millionero has issued a public warning regarding a surge in phishing attacks targeting users in the digital asset space.

Warning on Phishing Attacks

According to CEO Syed Suleman Kazim, the company has observed an increase in fraudulent activities, including spoofed emails and fake Telegram groups. Kazim emphasized that Millionero staff will never request sensitive information through email or messaging platforms.

Security Recommendations

Millionero advises users to verify that official communications originate from addresses ending in @millionero.com. It is crucial to check for secure website indicators, like 'https://'. Additionally, activating robust two-factor authentication tools, such as Google Authenticator, is recommended over SMS codes.

Cybersecurity Challenges in the Crypto Industry

A report from TRM Labs reveals that over $2.1 billion in cryptocurrency was stolen in the first half of 2025, highlighting the importance of cybersecurity in this space. Millionero urges users to avoid random links and regularly update their passwords.

This situation underscores the need for increased vigilance among cryptocurrency platform users to protect their assets.

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