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Crypto Scammers Hit World Cup Fans as Tournament Gets Underway
TRM Labs has tied four cryptocurrency addresses to live scams targeting 2026 World Cup fans, spanning fake ticket sites and a fixed-match betting scheme as matches play out across North America.
The blockchain intelligence firm says wallets associated with the operations have received less than $1,700 combined so far. However, it warns that scam volume and frequency could ramp up.
How World Cup Demand Fuels Crypto-Based Scams
Major sporting events create concentrated demand spikes for tickets, travel, and merchandise. Scammers build that timing into their planning, seeding fake infrastructure weeks ahead, then promoting it hard near kickoff, TRM research shows.
FIFA-WTO studies estimate that the tournament could draw 6.5 million attendees and add up to $40.9 billion to global GDP. That scale gives fraudsters a deep pool of potential victims.
Watchdogs flagged the risk early. The FBI warned in May about spoofed FIFA websites built to steal personal data and sell fake tickets. The Better Business Bureau echoed the alarm.
Angela Dennis, CEO of the Better Business Bureau of Central Ontario, told reporters why mass demand draws fraud.
“When there is such a mass volume and this high demand, that’s when scammers really get excited because people do fall for the information that they send, whether it’s an email, a phishing email or a text, and having people link to fake sites and providing personal information or payment details to them,” Dennis stated.
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Inside the On-Chain World Cup Scams
TRM identified several on-chain scam types, led by fake ticketing and fixed-match betting. Fraudulent ticket sites pose as official sellers, list sought-after matches, and demand crypto.
One Polygon (POL) wallet pulled in about $1,562, almost all on April 1. A second operation, tied to a Bitcoin (BTC) address, keeps its phishing page live but has not accepted any payments.
Fixed-match schemes charge an upfront fee for supposed insider results. TRM linked one to a Bitcoin wallet that collected small sums between January and May 2026, then routed them into a custodial account.
A third route runs through tokens. TRM pointed to the $WORLDCUP coin. It trades on LBank as a fan-made commemorative project with no FIFA tie, exposing holders to familiar low-liquidity meme coin losses.
Scammers also lean on bridges to muddy the trail, with TRM counting roughly $1.9 billion in scam funds moved through them over time.
A third scam runs through tokens. A coin called $WORLDCUP trades on the LBank exchange, billed as a fan-made commemorative project with no affiliation with FIFA. Holders face the standard low-liquidity meme coin loss patterns when issuers exit.
“The amounts involved in these cases are modest, but the movement of funds follows patterns commonly seen in consumer crypto fraud,” the report read.
Scammers lean on bridges to move proceeds and complicate tracing. Across all tracked activity, roughly $1.9 billion in scam funds has passed through bridges.
TRM expects to see more typologies as the tournament continues, including gambling pitches, deepfake impersonations of FIFA figures, and fake streaming sites.
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The post Crypto Scammers Hit World Cup Fans as Tournament Gets Underway appeared first on BeInCrypto.
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