The Dubai authorities in the UAE issue a warning against the "DubaiCoin" scamsteemCreated with Sketch.

in dubaicoin •  4 years ago 

dubaicoin_505_280521102523.jpg
According to Cointelegraph, the Dubai Media Office of the United Arab Emirates issued a statement today stating that the authorities have never approved a digital currency called "Dubai Coin". Earlier this week, the project served as the so-called "Dubai Coin". When the digital currency was launched, the price rose by 1000%. The statement said: “It is not the official cryptocurrency of the city. The website promoting Dubai Coin is a carefully planned phishing campaign aimed at stealing visitors’ personal information.”

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!