The ongoing pandemic forced the postponement of the Olympic Games in Tokyo. This has triggered a series of online crypto-related scams, including an email from declared members of the International Olympic Committee. In these emails, scammers enquire unsuspecting victims for donations.

As Trend Micro reported on April thirty, scammers are request for crypto donations so that Japanese organizers can recover from the economic impact produced by the postponement of the biggest Olympic sports effect in the world.

In the fake mail, an declared member of the Olympic Committee states that the organization has to deal with the loss of money invested in airline tickets, hotels, infrastructure materials, and production booking arrangements.

Victims are encouraged to avoid Olympic Games counterfoil in Tokyo

Following the same line, the online scam letter of the alphabet ensures that the authorities has been forced to collect funds to compensate for losses. This is why they claim that donations are required.

The scammers add that if the funding target, which was not specified, is not achieved, the international image of the Japanese people volition be "severely damaged," running the gamble to abolish the Tokyo 2022 Olympics Games.

For this reason, the email extends the invitation for people to donate to a supposed Bitcoin (BTC) crypto wallet belonging to the International Olympic Committee. Donors, they claim, will be eligible to purchase a ticket for the Olympics Games at a disbelieve of xxx%.

Olympic games' scam emails coming from Nippon

An investigation by Trend Micro revealed that over 400 similar fraudulent emails sent from Apr 24 to 26th belong to IP addresses from net providers in Nihon.

Scams related to the Olympic Games are not new.

Cointelegraph reported on April 8 that the Chinese Olympic Commission has repeatedly received complaints well-nigh con artists posing as members of the and so-called "Globe Olympic Sports Foundation". These scammers invite the recipients to invest in unique products related to the Olympic Games.