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Global crypto payments gateway, CoinPayments.net is ceasing operations in the United States soon and has advised users to withdraw their assets before July 19th, 2022. The short notice given by the exchange via a private email left some customers suspecting if this was an "exit scam" or another mysterious incident. [...]

Scammers are now targeting unsuspecting users via phishing webpages, forum posts, and email links enticing users to "help Ukraine" by donating cryptocurrency. The development follows Ukraine's successful effort of raising over $37 million in crypto donations from all around the world amid the country's ongoing Russian invasion. [...]