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FBI warns of phishing scams and social media account hijackers

fe05ce38-137e-43c5-90a1-a98b87251060.jpg

The FBI warned that the account hijackers work to “create a sense of urgency” with their posts, and urged people to vet any website or potential opportunity before clicking on it.

The Federal Bureau of Investigation has warned of criminal actors that are hijacking social media accounts and posing as legitimate people in the nonfungible token and crypto space.

It also raised concerns over spoof websites that dupe victims into thinking they are using legitimate platforms in an effort to steal their NFTs/crypto.

The warning comes as the number of victims having their funds drained from these two types of scamming methods continues to grow.

717ea035-5c04-4aa9-b091-6993d2c8b5fb.pngRecent phishing link tweeted from Uniswap founder Hayden Adams' Twitter account by hackers. Source: Twitter

In an Aug. 4 public service announcement, The FBI urged people to be aware of “criminal actors posing as legitimate NFT developers in financial fraud schemes targeting active users within the NFT community.”

“Criminals either gain direct access to NFT developer social media accounts or create almost identical accounts to promote new NFT releases. Fraudulent posts often aim to create a sense of urgency, using phrases like ‘limited supply,’ and refer to the promotion as a ‘surprise’ or previously unannounced mint.”

“Links provided in these announcements are phishing links directing victims to a spoofed website that appears to be a legitimate extension of a particular NFT project,” the FBI added.

Generally, the scam websites prompt people to connect their wallets to claim or purchase NFTs, but are instead connected to a drainer smart contract, resulting in a loss of person's funds or assets.

However, it is worth noting that it can sometimes be more complicated than that. There are some other ways that people can have their funds drained even when not directly choosing to connecting their wallet to a dubious website.

In an April. 5 X (Twitter) thread, user @robbyhammz stated that they mistakenly clicked on a spoof Looks Rare NFT marketplace website and didn’t connect their hot wallet, but still had more than $300,000 worth of NFTs stolen.

Alarmingly the fake website was promoted at the top of Google’s search results as a paid ad, which is something that has been a long-running issue yet to be solved by Google.

Was just talking with @bax1337 earlier today about how Google Ads phishing scams are out of control. Surprised no one has organized a class action against them. Have easily seen 8 figures stolen from them recently.

— ZachXBT (@zachxbt) August 5, 2023

There was a lot of debate in the comments as to how the victim could have their NFTs drained without connecting their wallet.

Some argued that malware enabling access or control to the victim's PC was at play, while others suggested the scam website may have had a hidden MetaMask wallet signature link somewhere that was accidentally clicked.

Related: Zero transfer scammer steals $20M USDT, gets blacklisted by Tether

On the same day, Web3 anti-scam platform Scam Sniffer tweeted that someone else had also lost $446,000 worth of Bitcoin (BTC), Ether (ETH) and Pepe ($PEPE) due to a phishing link.

Scam Sniffer indicated that the Pink drainer address was behind the phishing hack, while ZachXBT highlighted that it may have happened via two fake airdrop links promoted by @AvalancheApp and @QwQiao — two accounts that were hijacked over the previous 24 hours.

These two happened in past 24 hrs pic.twitter.com/KV5Kaxhihf

— ZachXBT (@zachxbt) August 5, 2023

In the FBI’s warning, it outlined a handful of tips for people to protect themselves from these types of scams.

The FBI emphasized that people should research and “vet any opportunity” such as surprise NFT drops or giveaways before clicking on links. It also urged people to double-check for any discrepancies in website URLs or account names, to avoid falling victim to impersonators.

Magazine: Deposit risk: What do crypto exchanges really do with your money?

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  • 15.10.25 18:07 crypto

    Cryptocurrency's digital realm presents many opportunities, but it also conceals complex frauds. It is quite painful to lose your cryptocurrency to scam. You can feel harassed and lost as a result. If you have been the victim of a cryptocurrency scam, this guide explains what to do ASAP. Following these procedures will help you avoid further issues or get your money back. Communication with Marie ([email protected] and WhatsApp: +1 7127594675) can make all the difference.

  • 15.10.25 21:52 harristhomas7376

    "In the crypto world, this is great news I want to share. Last year, I fell victim to a scam disguised as a safe investment option. I have invested in crypto trading platforms for about 10yrs thinking I was ensuring myself a retirement income, only to find that all my assets were either frozen, I believed my assets were secure — until I discovered that my BTC funds had been frozen and withdrawals were impossible. It was a devastating moment when I realized I had been scammed, and I thought my Bitcoin was gone forever, Everything changed when a close friend recommended the Capital Crypto Recover Service. Their professionalism, expertise, and dedication enabled me to recover my lost Bitcoin funds back — more than €560.000 DEM to my BTC wallet. What once felt impossible became a reality thanks to their support. If you have lost Bitcoin through scams, hacking, failed withdrawals, or similar challenges, don’t lose hope. I strongly recommend Capital Crypto Recover Service to anyone seeking a reliable and effective solution for recovering any wallet assets. They have a proven track record of successful reputation in recovering lost password assets for their clients and can help you navigate the process of recovering your funds. Don’t let scammers get away with your hard-earned money – contact Email: [email protected] Phone CALL/Text Number: +1 (336) 390-6684 Contact: [email protected] Website: https://recovercapital.wixsite.com/capital-crypto-rec-1

  • 15.10.25 21:52 harristhomas7376

    "In the crypto world, this is great news I want to share. Last year, I fell victim to a scam disguised as a safe investment option. I have invested in crypto trading platforms for about 10yrs thinking I was ensuring myself a retirement income, only to find that all my assets were either frozen, I believed my assets were secure — until I discovered that my BTC funds had been frozen and withdrawals were impossible. It was a devastating moment when I realized I had been scammed, and I thought my Bitcoin was gone forever, Everything changed when a close friend recommended the Capital Crypto Recover Service. Their professionalism, expertise, and dedication enabled me to recover my lost Bitcoin funds back — more than €560.000 DEM to my BTC wallet. What once felt impossible became a reality thanks to their support. If you have lost Bitcoin through scams, hacking, failed withdrawals, or similar challenges, don’t lose hope. I strongly recommend Capital Crypto Recover Service to anyone seeking a reliable and effective solution for recovering any wallet assets. They have a proven track record of successful reputation in recovering lost password assets for their clients and can help you navigate the process of recovering your funds. Don’t let scammers get away with your hard-earned money – contact Email: [email protected] Phone CALL/Text Number: +1 (336) 390-6684 Contact: [email protected] Website: https://recovercapital.wixsite.com/capital-crypto-rec-1

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