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Cryptocurrency News 9 months ago
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Ongoing Phishing Campaign Siphons Over $580K, Impersonates Web3 Companies

Algoine News
Summary:
In an ongoing phishing scheme, fraudsters impersonating major Web3 companies, including Cointelegraph, WalletConnect, and Token Terminal, have stolen over $580,000. Cryptocurrency investigator ZachXBT and WalletConnect disclosed the phishing attempt to the public, warning investors to be cautious of emails announcing unexpected airdrop events.
In an ongoing phishing campaign, swindlers have defrauded innocent individuals of over $580,000. They've been impersonating major Web3 firms, including Cointelegraph, WalletConnect, and Token Terminal, via counterfeit email addresses. A screenshot from this current scam was made public. ZachXBT, a cryptocurrency sleuth, pointed out a multichain address on his Telegram channel. This address has managed to rack up over $580,000 in pilfered digital currency since the initiation of these phishing emails. An advisory about the phishing email was also issued by WalletConnect on X, alerting its users about the malicious airdrop link apparently sent by them. The company clarified, through a social media post, that neither it nor any associated parties had dispatched this email which falsely lured users with an airdrop claim. Investors are urged to stay vigilant while dealing with emails that announce surprising airdrop events.

Published At

1/23/2024 2:41:32 PM

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