Crypto scammers ensured government collecting funds to deal with losses.

[Paglamon]

In all the fake emails it has been stated that the committee is dealing with the losses which is due to the expenditure made on the organisation of the games. These crypto scammers have ensured that the government is collecting funds from the people to deal with the losses.

The scammers somehow tried to blackmail the people of Japan emotionally by saying that the image of Japanese people will be damaged internationally if the funding target will not be achieved. They have also claimed that whoever will donate to the specified Bitcoin wallet will receive a 30% discount to purchase tickets for the games.

Trend Micro reveals that scam emails are coming from Japan
An investigation has been done by the Trend Micro in which it has been revealed that these scam emails are coming from Japan only. Around 400 such emails have been sent to the people of Japan from April 24 to 26.

It has also been noticed that this kind of scams related to the Olympic games is not new. Earlier, the Chinese Olympic Committee has also received a huge number of requests and complaints related to such scams. During that time, scammers have urged people to invest in various products that are related to the Olympic Games.