Protecting Our Community: Be Alert Regarding Newton Impersonation Scams

Summary

We wanted to give our Newton community a friendly reminder to be vigilant against scams targeting our users through impersonation tactics. Fraudsters have been attempting to deceive users by sending emails claiming to be from Newton, but upon closer investigation, these emails do not originate from our official channels. We take your security seriously, and we want to ensure that you are equipped with the knowledge to safeguard yourself against such scams. In this blog post, we'll shed light on the issue and provide you with essential tips to stay protected.

Identifying Impersonation Scams

Impersonation scams involve fraudsters posing as representatives of a legitimate company, in this case, Newton. These scammers often use fake email addresses that resemble our official communications but have slight variations or unfamiliar domains.

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For example, we recently encountered a scam where the URL was "Newutonb2c(dot)com" claiming to be an entity of Newton Pro. This is a classic example of how scammers use the internet to deceive unsuspecting individuals. We’ve seen attempts from cybercriminals specifically attempting to leverage the “Newton Pro” moniker to phish users.

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It is crucial to be vigilant and pay attention to such details to protect yourself from falling victim to these scams. Always remember that prevention is better than cure, and staying informed is key to staying safe.

Protecting Yourself:

1. Verify Official Communication Channels: Authentic Newton emails will always come from addresses ending in "@newton.co." If you receive any emails claiming to be from Newton but with different email addresses, it is a fake email. We will never contact you from an email that does not end in “@newton.co”. Scammers will sometimes use domain names that are similar to legitimate ones, but with extra words or slight typos. For example, they might use "netwon(dot)co" or "newton-crypto-exchange(dot)com". Be aware of these tricks to protect yourself against scams.
2. Double-Check URLs: Before clicking on any links provided in emails or messages, ensure that the URL matches the official Newton website (newton.co). Scammers may create convincing replicas of our platform to trick unsuspecting users.
3. Be Wary of Requests for Sensitive Information: Newton will never ask for your account passwords, personal identification numbers (PINs), seed phrases, or other sensitive information via email or messages. If you receive such requests, consider them red flags and report them to our support team immediately.
4. Report Suspicious Activity: If you come across any suspicious emails, websites, or accounts claiming to be affiliated with Newton, please report them to our support team at support@newton.co. Your vigilance can help us take appropriate action and protect others in the community.
5. As An Extra Precaution, Avoid Clicking On Links In Emails: We sometimes include links in our official emails. However, if you are unsure whether an email is genuine, even if you have the slightest doubt, it is better not to click on any links in the email. Bogus emails may contain links that direct you to phishing websites. Instead, open your browser separately and navigate to your Newton account.

Conclusion

As scams related to impersonation continue to rise, the Newton community must stay informed and alert. By following the tips mentioned above, you can enhance your security and protect yourself from falling victim to these fraudulent schemes. Remember, Newton will always prioritize your safety and work diligently to ensure a secure trading experience. Stay cautious, report any suspicious activity, and together, we can create a safer environment for all Newton users.

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