Story Highlights China warns public about DeepSeek crypto scam targeting investors. Fake DeepSeekCoin circulates in chat groups, causing major financial losses. Scammers create fake DeepSeek websites to trick investors. The Chinese government has warned the public about a major cryptocurrency scam involving the “DeepSeek blockchain project.” The criminal group obtained funds from investors before disappearing from view, according to official sources. This circulation of the fake digital currency DeepSeekCoin within chat channels cost numerous people their investment funds. DeepSeek Scam App Secretly Collects Private Data Different experts in Chinese cybersecurity detected a malicious DeepSeek mobile app designed as a fake version of the official program. The fake application requires
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Bilal Hassan considers the following as important: Crypto Scam, crypto scams, DeepSeek, News
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Story Highlights
- China warns public about DeepSeek crypto scam targeting investors.
- Fake DeepSeekCoin circulates in chat groups, causing major financial losses.
- Scammers create fake DeepSeek websites to trick investors.
The Chinese government has warned the public about a major cryptocurrency scam involving the “DeepSeek blockchain project.” The criminal group obtained funds from investors before disappearing from view, according to official sources. This circulation of the fake digital currency DeepSeekCoin within chat channels cost numerous people their investment funds.
DeepSeek Scam App Secretly Collects Private Data
Different experts in Chinese cybersecurity detected a malicious DeepSeek mobile app designed as a fake version of the official program. The fake application requires users to click on an “update” button the moment it gets installed. This update procedure leads users toward a secret data collection tool that allows the app to access private data and monitor messages alongside blocking deletion attempts. Security experts located multiple imitated programs with various names that use DeepSeek’s brand to disperse malicious software.
People need to obtain DeepSeek exclusively from the official website or official app stores according to authorities. A malfunctioning app along with unordinary permission requests should lead users to remove the app before changing their account passwords. People whose device refuses to uninstall the suspicious app should create data backups before consulting with a professional.
Fake DeepSeek Sites Lure Victims with Blockchain Promises
DeepSeek scammers have built imitation websites for the platform that duplicate its genuine look. The sites established themselves as secure blockchain projects, which lured financial investors to join their projects. These scammers disappeared after obtaining numerous funds from victims.
The scammers offered people the opportunity to earn thousands of yuan monthly through their DeepSeek scheme. The scammers sold luxury training packages costing nearly 40 yuan although most training materials existed for free on the internet. After initial purchases of 299 or 399 yuan, victims were pushed to purchase more training programs.
The authorities strongly advise people to exercise caution regarding online investment opportunities. Authorities warn that people should stay away from uncertain links and skip joining groups that market unrealistic financial rewards. The best way to evade such scams is to maintain alertness because scammers adapt their tactics regularly.