FTX Users Targeted in Phishing Scam
FTX users are being targeted in a withdrawal scam, according to a warning from Sunil, an FTX creditor advocate on Twitter. Sunil urged FTX account holders to be cautious and avoid clicking on suspicious links.
Deceptive Emails Offering Immediate Asset Withdrawals
Several FTX users have reported receiving deceptive emails claiming to be from FTX Trading, West Realm Shires Services, and FTX EU. These emails falsely offer FTX creditors the opportunity for immediate asset withdrawals without waiting periods or legal proceedings. One example of a fraudulent email states:
“We are excited to offer the valued priority clients of FTX Trading Ltd., West Realm Shires Services Inc., and FTX EU Ltd., a special opportunity starting today, Oct. 20, 2023. As a priority client, you can now undergo the withdrawal process for your assets on the FTX platform and deposit them directly into your wallet, eliminating any waiting period and court outcomes.”
The scammers are targeting users who are eager to withdraw their assets amidst ongoing legal disputes involving Sam Bankman-Fried, the former CEO of FTX.
Milestone Reached in Resolving Customer Property Disputes
The phishing scam comes shortly after FTX creditors achieved a significant milestone by resolving customer property disputes. Pending approval from a bankruptcy court, the revised plan aims to provide substantial relief for FTX’s global customer base. Under the proposal, customers will receive over 90% of the distributable value.
Hot Take: Protect Yourself Against Phishing Scams
It’s crucial to stay vigilant and protect yourself against phishing scams in the crypto space. Be cautious when receiving unsolicited emails or messages, especially if they ask for sensitive information or offer too-good-to-be-true opportunities. Always verify the legitimacy of the sender and double-check website URLs before clicking on any links. Remember, scammers are constantly evolving their tactics, so it’s important to stay informed and protect your assets.
By
By
By
By
By
By