The Latvian Ministry of Finance has alerted the public about a fraudulent scheme known as 'Digital Asset Reserve 2026'. This scheme is reportedly being propagated across various social media platforms, falsely representing the Ministry. Authorities emphasize that this initiative is not sanctioned by the state but is instead designed to deceive individuals into relinquishing their financial resources and personal banking information.

In its statement, the Ministry urges citizens to exercise extreme caution and critically evaluate any information that pertains to such fraudulent initiatives. They make it clear that the Ministry will never ask individuals to provide personal or banking information through social media, emails, or other unofficial communication channels. It is vital for residents to be wary of promises of guaranteed or exceptionally quick profits and to refrain from entering sensitive information on suspicious websites, especially if there is an unnecessary sense of urgency created.

This warning comes amidst growing concerns about cyber fraud and scams targeting individuals through misleading schemes. The Ministry also reminds the citizens that legitimate state institutions have official websites and that they should rely on these resources for accurate information. As these fraudulent activities become more sophisticated, public awareness and vigilance are crucial in preventing financial losses.