FBI warns of phishing scams and social media account hijackers
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.
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.”
“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
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