A “Moscow Exchange Crypto Trading” scam has emerged in Russia; phishing websites steal funds and data.

TechFlow news: On June 21, according to the platform “Myshelovka,” scammers impersonated authorized brokers of the Moscow Exchange on social media, luring users to click phishing links under the pretext of a “cryptocurrency test trading channel” to steal funds and personal information. The Moscow Exchange emphasized that all official trading must be conducted through licensed brokers and that no exclusive cryptocurrency purchase channels exist for ordinary users. According to data from Russian IT company “Shard,” Russian users lost approximately 234 million rubles to cryptocurrency phishing attacks in 2025—accounting for 62% of total cryptocurrency-related losses that year.