Crypto scammers target ships in Hormuz blockade
Scammers posing as Iranian authorities demand crypto payments from ships stranded in the Strait of Hormuz, exploiting the crisis and recent toll announcements. At least one vessel was attacked after falling victim.
Shipping companies operating near the Strait of Hormuz are being targeted by scammers impersonating Iranian authorities. These fraudsters demand cryptocurrency payments, such as Bitcoin or Tether, in exchange for supposed safe passage. Greek maritime risk management firm MARISKS has issued warnings after receiving reports of fraudulent messages instructing companies to submit vessel documents for review, followed by a demand for crypto fees. The scam takes advantage of the ongoing geopolitical crisis, including U.S. and Iranian blockades that have left hundreds of ships and around 20,000 sailors stranded in the Gulf. The situation is further complicated by Iran’s recent announcement of legitimate crypto tolls for oil tankers during a ceasefire, which scammers are exploiting to make their demands seem credible. At least one vessel reportedly fell victim to the scam and was attacked after attempting to exit the strait. MARISKS and other sources stress that these messages are not from official authorities and urge shipping companies to remain vigilant against such extortion attempts.