A “Moscow Exchange Crypto Trading” scam has emerged in Russia; phishing websites steal funds and data.

According to the “Mousetrap” platform, scammers impersonated Moscow Exchange-authorized brokers on social media and lured users into clicking phishing links under the pretext of a “cryptocurrency test trading channel,” thereby stealing funds and information. The Moscow Exchange emphasized that all official trading must be conducted through licensed brokers and that no exclusive cryptocurrency purchasing channels exist for ordinary users. According to data from Russian IT company “Shard,” Russian users lost approximately 234 million rubles to cryptocurrency phishing attacks in 2025—accounting for 62% of total cryptocurrency-related losses that year.