SINGAPORE – Be wary of purchasing World Cup tickets or official merchandise from ticketing sites that require payment in cryptocurrencies.
Scammers have been creating World Cup-themed ticketing sites that offer “exclusive” tickets and directing victims to pay using cryptocurrencies such as Bitcoin or USDT, the police said in an advisory on July 1.
After victims make payment, the tickets or merchandise is never delivered. The fraudulent websites are then taken down, making it difficult for victims to recover their funds.