THE TAX DEADLINE TRAP: Don't Let Social Engineers Help with Your Taxes.
With the December 31st deadline approaching, "Tax Loss Harvesting" is the hot topic. Scammers are taking advantage of this stress to launch specific social engineering attacks.
The Strategy:
They promote "Free AI Tax Optimizers" or "Instant Portfolio Auditors" on social media. They promise to find thousands in tax savings if you just "Sync your API keys" or "Upload your CSV."
The Risk:
API Exploits: If you give an untrusted tool "Trade" permissions, they can perform "wash trading" on illiquid pairs to drain your account balance into theirs.
Data Phishing: They collect your full name, holdings, and email to sell to more aggressive phishing groups.
Safe Optimization:
Use only reputable, well-known tax software (Koinly, CoinTracker, etc.).
Never grant "Withdrawal" or "Full Trade" permissions via API.
"Read-only" access is all a tax tool ever needs.
Don't let a tax-saving dream turn into a security nightmare.
#cryptotax #TaxLossHarvesting #SecurityFirst #APIKey #SafeTrading
@_Ram @GED @Binance Angels