The Moscow Exchange said scammers are impersonating its authorized brokers on social media to lure users into clicking phishing links under the pretext of a “cryptocurrency test trading channel,” leading to theft of funds and personal information. According to ChainCatcher, the warning follows disclosures by the Moshelovka platform about the scheme.

The exchange said all official trading must be conducted through licensed brokers and that there is no exclusive cryptocurrency purchase channel offered to retail users.

Separately, Russian IT company Shard estimated that Russian users lost about 234 million rubles to crypto-related phishing in 2025, accounting for 62% of total crypto-asset losses that year.