Bitpanda Issues Critical Alert Over SMS-Based Phishing, Scams

The post Bitpanda Issues Critical Alert Over SMS-Based Phishing, Scams appeared first on Coinpedia Fintech News

Bitpanda has issued a critical alert to its users and the broader crypto community, warning them about an increase in SMS-based phishing and scam attempts targeting user accounts. In a recent post, Bitpanda warns crypto users to beware of fraudulent scam messages, adding it will never ask users to call or send funds anywhere. Bitpanda also stated it would never request a user account balance, password, 2FA, or SMS codes, going further to offer safety guidelines. This warning highlights the increasing sophistication of scammers, who are now able to make their messages appear next to legitimate communications from trusted sources