Scammers now use AI to steal cryptocurrencies: How to protect your investments

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Transcript

00:00With the surge in artificial intelligence, scammers have been using this technology to

00:15steal cryptocurrencies.

00:18So how do you protect yourself?

00:20In crypto scams, scammers target investors' crypto wallet information.

00:26So by making use of a secure, encrypted, and a wallet that has two-step authentication,

00:33you can keep your money safe.

00:36But how do you spot these scams before they happen?

00:39All cryptocurrencies have what is called a white paper, which is details on the cryptocurrency,

00:45on how it's designed, and how it works.

00:47So if a white paper does not exist, UAE experts say to tread carefully.