• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer
  • About us
  • Write for us
  • Terms and Conditions
  • Privacy Policy
  • Disclaimer
  • Contact
  • All Posts
  • Advertise

TronWeekly

Crypto World News

  • Home
  • Education
    • Best TRON Wallets
    • Beginner’s guide to TRON
  • Opinion
    • Tron Tokens
    • Market Analysis
  • Industry
    • Tron Exchange
    • Project Review
  • Press Release
  • Advertise
  • About us
    • The Team
    • Editorial Policy
    • Write for us
    • Privacy Policy
    • Disclaimer
    • Terms and Conditions
    • Contact
You are here: Home / News / Bitcoin News / Bitcoin scammers impersonate WHO Coronavirus Response Fund to Funnel Donation Money
Bitcoin scammers

Bitcoin scammers impersonate WHO Coronavirus Response Fund to Funnel Donation Money

March 19, 2020 by Ketaki Dixit

Bad players in the cryptocurrency space have always been the industry’s burden and remain one of the biggest disincentives for institutional investors. Bitcoin scams have become so commonplace that they have even begun to affect legitimate large-scale ventures.

The Internet scan revealed that Bitcoin scammers were impersonating the website of the World Health Organization’s COVID-19 Solidarity Response Fund for their own nefarious intentions.

Instead of using a website, the Bitcoin scammers sent emails to multiple people asking them to donate to a bitcoin address. Apparently, the capital collected would be used to provide resources for everyone fighting Coronavirus on the front lines. It was obvious from the outset to those familiar with the project that the email was part of a scam.

The actual Response Fund has its own website at covid19responsefund.org where people can donate set amounts between $25 and $2500 or any amount of their choice. On the website, users also have the option to make their payments part of a monthly cycle to continue the fight against COVID-19.

WHO
https://covid19responsefund.org/

The release on the website read:

“The greatest need right now is to help ensure all countries are prepared, especially those with the weakest health systems. Donations support WHO’s work to track and understand the spread of the virus; to ensure patients get the care they need and frontline workers get essential supplies and information; and to accelerate efforts to develop vaccines, tests, and treatments.

Beware of these new coronavirus email scams

The scam mail tried to first explain what the COVID-19 Solidarity Response Fund was about, including a list of objectives of the “organization”. These objectives included enabling all countries to track and detect COVID-19 by boosting laboratory capacity through training and equipment. One of the paragraphs in the mail spoke about the grim reality of what might occur and the solutions for it. It said:

“The Strategic Preparedness and Response Plan outlines a funding need of at least US$675 million for critical response efforts in countries most in need of help through April 2020. As this outbreak evolves, funding needs are likely to increase.”

There have been several cases of people skirting the law for their needs during these trying times. The Coronavirus has spread to more than 80 countries now and new cases were being reported every day. As health officials continue to ask people to practice ‘social distancing’, it was heinous that Bitcoin scammers would go the other way.

It can only be hoped that the people behind the latest scam be brought to justice quickly as their email blast may have nasty ramifications. Money that was supposed to be used for assisting the sick would be diverted to the pockets of Bitcoin scammers and that just cannot be allowed. Users in the cryptocurrency industry must band together to create awareness about this Bitcoin scam so that help can be given to those who deserve it.

Filed Under: Bitcoin News Tagged With: Bitcoin (BTC), Bitcoin scam, Bitcoin scammers, coronavirus, COVID-19, COVID-19 Solidarity Response Fund, Cryptocurrency

Primary Sidebar

Recent Posts

  • Floki Takes A Big Leap: Listed On Crypto.com  March 21, 2023
  • Rising As A Crypto Haven: Hong Kong Attracts 80+ Firms Set To Establish Presence In March 21, 2023
  • Ethereum Primed For $2K As Price Reaches 7-Month High: Report March 21, 2023
  • Solana’s Unique Smart Contracts Rise Despite Network Woes March 21, 2023
  • Osmosis Foundation Joins Bitcoin Revolution: Converts 10% of Treasury Cash to Native BTC March 21, 2023

Footer

News

  • Altcoin News
  • Bitcoin News
  • Blockchain
  • Tron News
  • World

Digest

  • Meet the Founder
  • Price Winning Article
  • DeFi
  • Cyber Security
  • Crypto Scam

Industry

  • Project Review
  • Technology
  • Fintech
  • Tron Exchange
  • New in Town

Tron Universe

  • Event and Tron Parties
  • New in Town
  • Tron Tokens

Follow Us

Subscribe US

Copyright © 2023 · Tron Weekly. All Rights Reserved. NOTE: Tron Weekly is an independent crypto news site that adheres to the strict journalism policy anchored on transparency, trust, and objectivity, we have no affiliation with the TRON Foundation, its founder Justin Sun or any other cryptocurrency firm.