Woofun AI reports that a sophisticated phishing campaign impersonating the Moscow Exchange has surfaced in Russia, exploiting social media platforms to deceive users into accessing fraudulent cryptocurrency trading channels. Perpetrators lure victims under the pretext of 'testing' new trading features, resulting in the unauthorized extraction of digital assets and sensitive personal data. The Moscow Exchange has issued a stern clarification, emphasizing that all legitimate trading activities must be executed through licensed brokers and affirming that no exclusive cryptocurrency purchasing channels exist for retail participants.

Meanwhile, risk projections from Russian IT firm Shard highlight the severe financial implications of this trend. Data indicates that Russian users are projected to incur losses totaling approximately 234 million rubles due to cryptocurrency-related phishing attacks in 2025. This figure is expected to constitute 62% of the total losses recorded across all cryptocurrency assets in the country for that year, underscoring the escalating threat landscape for digital asset holders.