Lithuanian Consulate Issues Warning on Fraudulent Cryptocurrency Advertisements in Sri Lanka

The Lithuanian Consulate has issued a warning to Sri Lanka regarding fraudulent cryptocurrency advertisements that falsely feature prominent public figures. Director Kanchana Kodituwakku has stated that these scams are linked to foreign entities connected to Lithuania. The Consulate is collaborating with authorities and social media platforms to tackle this issue.

The Lithuanian Consulate has alerted Sri Lankan digital platforms regarding fraudulent cryptocurrency advertisements that misrepresent prominent figures, including Sri Lankan Prime Minister Dr. Harini Amarasuriya. Kanchana Kodituwakku, the Director of the Consulate, has linked these misleading advertisements to foreign entities purportedly associated with Lithuania. The Consulate is concerned about the deceptive nature of these campaigns and their foreign origins, which potentially exploit digital platforms for financial scams.

To address these fraudulent activities, the Lithuanian Consulate has initiated multiple responses. These include collaboration with the Embassy of Lithuania to convey concerns, seeking clarification from relevant authorities in Lithuania, and expressing cooperation with Sri Lankan agencies in investigations. The Consulate has emphasized the necessity for international collaboration to combat fraudulent activities and has urged social media platforms, particularly Meta, to strengthen measures against misleading advertisements.

Kanchana Kodituwakku has condemned the fraudulent activities aimed at exploiting Sri Lankans and has assured the Consulate’s commitment to protecting both Sri Lankan and Lithuanian interests. Furthermore, the Consulate intends to maintain close monitoring of the situation while working alongside local and Lithuanian authorities to ensure a swift resolution to these deceptive practices.

The Lithuanian Consulate’s warning underscores the urgent need for vigilance against fraudulent cryptocurrency advertisements targeting Sri Lankan citizens. The Consulate’s proactive measures, encompassing international cooperation and engagement with social media platforms, are essential to combatting this issue. As authorities strive to protect citizens from such scams, ongoing collaboration will be crucial to ensure a safer digital environment in Sri Lanka.

Original Source: island.lk