đš Multisig Scams & How to Dodge Them
Key Points:
đ Multisig wallets need multiple private keys to approve transactions â extra security, right?
â ïž Scammers exploit this by tricking users into sending funds or sharing partial access.
đ Common Scam: A scammer shares a wallet seed with visible funds but no TRX for fees â you send TRX thinking you'll access the funds⊠but the wallet needs more keys you donât have.
⥠Most of these scams happen on the Tron network due to its wallet structure.
đĄïž How to Stay Safe:
1ïžâŁ Never use unknown seed phrases or private keys.
2ïžâŁ Use only official wallet apps.
3ïžâŁ Regularly check wallet permissions.
4ïžâŁ Prefer hardware wallets for better security.
5ïžâŁ Enable 2FA wherever possible.
6ïžâŁ Keep up with the latest scam alerts.
7ïžâŁ Donât ignore security warnings from your wallet.
Bottom Line:
Multisig = Stronger Security â
But scammers = Smarter Tricks â
Stay alert, protect your keys, and always double-check before you send.
#CryptoSecurity #Multisig #ScamAlert #BinanceSquare #WriteToEarnWCT