Beware of fake jobs that work out of the house, it’s a trick to steal your crypto.

Beware of an employer who asks you to send them cryptocurrency to start your dream job from home. The US Federal Bureau of Investigation (FBI) said it was probably another hoax.

In a statement on June 4, the FBI warned of an increase in work-from-home job advertisement scams. The scammers contact their victims with unsolicited calls or messages, asking them to do relatively simple tasks such as rating restaurants or “facilitate” a service by repeatedly pressing a button.

The victims may even believe that they are making money – scammers lead victims to a fake interface that pretends to be making money (although they can't withdraw money.

The victim hits home when the victim is forced to pay the fake employer in cryptocurrency to “unlock” more work – unless the payment goes directly to the scammer.

“You are ordered to make cryptocurrency payments to your employer as part of your job,” the FBI said.

Red flags that could indicate a scam include job descriptions that overuse the word “facilitation” and don't require reference during the recruiting process.

With the rise in popularity of the work-from-home lifestyle, it's no wonder that many victims are falling into the trap. By the end of 2023, the proportion of remote workers will rise to 28% worldwide, according to Statista.

Remote workers also have the freedom to choose where they are based.

In a recent interview with Cointelegraph magazine, Canggu-based crypto consultant Dominique Frey said he brought his wife and two young children from Switzerland to Bali for a more desirable lifestyle and climate.

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2023 comes months after the FBI released alarming statistics about crypto-related fraud in the country.

On March 9, Cointelegraph cited a report from the FBI that revealed investment losses involving crypto in 2018. It will rise from $2.57 billion in 2022 to $3.94 billion in 2023, representing an increase of 53%.

One of the most common crypto scams that people fall victim to is the romance scam.

It's where a criminal adopts a fake online identity to gain the victim's love and trust before creating a story to convince the victim to send crypto, which he later disappears.

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