Bitcoins email scam tries to trick users into handing over thousands in cryptocurrency

Emails asserting to be from international Bitcoin trading service LocalBitcoins have hit email inboxes all over the world, attempting to trick users into handing over their login credentials and provide hackers access to their Bitcoin wallets. The email states users the site is currently under maintenance to improve the quality of its service and to “reduce the rate of spam virus” on the service. Users are advised to verify and update their accounts through a provided link. “Failure to do may result in the cancellation of your local bitcoins wallet account,” the scam claims.The scam email. Source: MailGuard. When the…
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