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Strait of Hormuz ·

Crypto scam lures publishes into Strait of Hormuz, falsely promising safe passage

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A top-down aerial view of a tanker ship churning through the water with a visible wake. Oil tankers and gas tankers were affected by the closure of the Strait of Hormuz, leading to a global energy crisis stemming from the war in the Middle East.

Crypto scammers are targeting the thousands of ships stranded near the Strait of Hormuz—and at least one ship that faced Iranian gunfire may have been tricked into believing it had paid Iran for safe passage.

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Summary

The first warning of such a crypto scam came from the Greek maritime risk management company MARISKS on April 20, . That may be particularly confusing for shipping companies because of how Iran has asserted control over the Strait of Hormuz—a vital shipping channel and maritime chokepoint that normally allows Persian Gulf countries to provide one-fifth of the world’s oil and liquefied natural gas supply. MARISKS identified one ship as having potentially fallen victim to crypto scams after it attempted to pass through the strait on April 18, although Reuters was unable to confirm that information. That ship may not be alone in falling for a crypto scam while seeking safe passage.

Read full article at Ars Technica →

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