Nigerian cryptocurrency scams: uncovering the schemes

This post opens a series of articles dedicated to research of online crypto scam schemes orginated from Nigeria, which have emerged in the recent times on social media platform like Instagram, Facebook and Telegram. We are looking at these scams not only from a technical and investigative point of view (how exactly scam is commited), but also will touch social aspects of such crimes as well – why people are choosing this business of scamming others online this way.

(more…)