With increasing interest and adoption of cryptocurrency, blockchain technology, and CBDC, the rates of crime, frauds, and scams are increasing day by day. Recently, the 20 executives in Israeli digital currency companies, were been targeted by the hackers, in which the identities of all the 20 executives, were been stolen by the hacker. As per the sources, the hackers use to sent messages via telegram and later ask the executives to send digital currencies to them.