Security Company Warns! “Beware of Bitcoin (BTC) and USDT Demand in the Strait of Hormuz!”

Scammers in the cryptocurrency sector are coming up with new methods every day. This time, they tried to exploit the tension in the Strait of Hormuz.

According to Reuters, scammers are targeting ships in the Strait of Hormuz and demanding transit fees in fake Bitcoin (BTC) and USDT.

Scammers posing as Iranian officials are demanding transit fees in cryptocurrency from ships near the Strait of Hormuz, claiming it will ensure their safe passage through the strait.

The warning came from MARISKS, a Greece-based maritime risk management firm. MARISKS warned that some scammers are impersonating Iranian officials and demanding payment in Bitcoin and Tether (USDT) under the guise of “safe transit authorization.”

According to MARISKS, hundreds of ships and approximately 20,000 seafarers are stranded in the Gulf, and at least one ship may have been targeted by this scam.

Meanwhile, according to the latest developments, Iran announced last Friday that it had temporarily lifted its blockade of the strait. However, after the US continued its blockade of Iranian ports, Iran closed the Strait of Hormuz again. Currently, the strait is under blockade, and hundreds of ships and approximately 20,000 crew members are stranded. The US-Iran temporary ceasefire agreement expires on April 23. US President Donald Trump says that the US will not lift the blockade of Iranian ports until an agreement is reached with Iran. Meanwhile, a second round of talks between the two countries is expected to take place.

*This is not investment advice.

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