Over $580,000 Drained in Phishing Scams Targeting Web3 Firms – What’s Going On?
About $580,000 has been drained following a calculated phishing campaign targeting at least four web3 firms’ email addresses.
Digital asset scam detective, ZackXBT commented on the developments on X (formerly Twitter). He flagged several emails sent out in a calculated attempt to appear to be from web3 firms including WalletConnect, Token Terminal, CoinTelegraph, and DeFi.
Community Alert: Phishing emails are currently being sent out that appear to be from CoinTelegraph, Wallet Connect, Token Terminal and DeFi team emails.
~$580K has been stolen so far
0xe7D13137923142A0424771E1778865b88752B3c7 pic.twitter.com/XoN65HxOYh
— ZachXBT (@zachxbt) January 23, 2024
The phishing emails sent from accounts that resemble those of the companies contained fake links. The links lured users mostly in anticipation of community airdrops leading to asset losses of half a million dollars.
The address 0xe7D13137923142A0424771E1778865b88752B3c7 was flagged by the investigator adding that approximately $580,000 has been stolen so far. The platforms impersonated in the emails quickly released statements warning users not to interact with those links.
On Jan 23, bad actors targeted Token Terminal claiming to be rolling out an early access airdrop with a link that led to the scammers gaining assets to user funds.
“We are on the verge of unveiling the better version of Token Terminal and we want you to be among the first to Explore its unique features and capabilities. To express our gratitude for your continued support we’ve decided to celebrate this milestone With a special airdrop exclusively for our community members.”
The platform immediately sent out a disclaimer on X that it is not real and will open an investigation following up with the
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