Tehran FATA Police Warns Against Digital Wallets; Beware of Scammers!

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Tehran FATA Police Warns Against Digital Wallets; Beware of Scammers!


Tehran Fata Police Chief considered ignorance in building digital wallets and false trust in others as the main reasons for digital currency fraud. Colonel Davoud Moazzami Guderzi said, “One of the main factors that make users fall victim to cybercriminals in the digital currency space is the ignorance and inability of users to create a digital wallet on their own, as well as excessive trust in others.” many cyber cases in the field of digital currencies.


Tehran FATA Police Chief called on legislative bodies to prevent the violation of public rights and confiscation of citizens’ property by closing legal loopholes and adopting comprehensive policies in the field of digital currencies. He also warned that in the current situation, the risk of investing in this area is very high and that to date, none of the digital exchanges have received an official license from legal entities.

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