CoinsDo Issues Warning Against Impersonation and Scam Websites

General

CoinsDo,
a
leading
decentralized
Wallet-as-a-Service
(WaaS)
provider,
has
issued
a
public
disclaimer
addressing
recent
reports
of
scams
involving
fraudulent
websites,
impersonation
attempts,
and
phishing
emails
that
misuse
its
name
to
deceive
unsuspecting
individuals.

The
first
type
of
scam
involves

impersonation
emails.
Fraudsters
are
sending
emails
from
the
address

[email protected],
falsely
claiming
to
represent
CoinsDo.
These
impersonators
attempt
to
extract
sensitive
information
or
deceive
users
into
monetary
transactions.

The
second
type
of
scam
involves
a

fraudulent
website
being
set
up
to
imitate
CoinsDo’s
official
platform.
Users
are
reminded
that
CoinsDo’s
legitimate
website
is
exclusively
coinsdo.com.
Any
other
domain
is
not
associated
with
the
company.

The
third
type
of
scam
involves

phishing
emails
from “CoinWallet”,
where
malicious
actors
are
emailing
victims,
promising “large
payouts”
while
requesting
small
fees
to “recover
damaged
blocks”
on
the
blockchain.
These
scams
are
designed
to
steal
funds
or
sensitive
data.

The
final
type
of
scam
is
designed
to

trick
users
into
transferring
TRX
in
exchange
for
access
to
USDT.
This
tactic,
known
as
the
Tron
Multisig
Scam,
has
been
a
well-known
ploy
in
the
crypto
community
for
years.

As
a
decentralized
platform
open
to
the
public,
CoinsDo
is
unable
to
control
how
individuals
use
its
technology.
However,
the
company
is
deeply
committed
to
safeguarding
its
users,
proactively
monitoring
for
fraudulent
activities
as
well
as
collaborating
with
relevant
authorities
to
mitigate
risks
and
act
swiftly
to
address
such
threats.

CoinsDo
remains
steadfast
in
its
mission
to
provide
a
secure
and
decentralized
wallet
experience.
The
company
urges
its
users
to
remain
vigilant
and
take
necessary
precautions
to
avoid
falling
victim
to
scams.

Key
Points
to
Note:

CoinsDo
will
never
ask
users
to
send
digital
assets
for
verification
purposes.
All
necessary
verifications
are
conducted
securely
on
their
platform
without
requiring
financial
transactions
from
users.
CoinsDo
will
never
provide
users
with
a
seed
phrase
or
private
key.
Users
should
generate
and
securely
store
their
seed
phrases
or
private
keys
themselves,
as
these
are
critical
to
maintaining
control
over
their
wallets.
Only
trust
communications
from

[email protected].
Always
verify
the
sender’s
email
address
to
ensure
its
legitimacy.
If
you
encounter
any
suspicious
requests
or
suspect
a
phishing
attempt,
report
it
immediately
to
our
support
team
at

[email protected].

Useful
Links:

Website:

https://coinsdo.com

X
(Twitter):

https://x.com/CoinsDogroup

LinkedIn:

https://www.linkedin.com/company/coinsdo/