Tether CEO warns of fake airdrop scam 😱

Tether CEO warns of fake airdrop scam 😱

Warning: Beware of the Latest Crypto Scam!

Recently, reports have emerged regarding suspicious emails circulating within the crypto community. Individuals have reported receiving emails from various crypto companies offering enticing token airdrops. These emails, despite appearing legitimate, are part of an elaborate scam targeting unsuspecting investors.

  • Emails claiming to be from Bitfinex announcing an upcoming ERC20 airdrop of the new $BFX token.
    • The email entices users with exciting news about an upcoming airdrop following the approval of Ethereum ETFs.
    • A “claim now” link in the email redirects users to a website where they are prompted to connect their wallets.
  • Reports of suspicious emails from Coinbase requesting verification of secondary addresses.
    • The fraudulent email threatens users with loss of funds unless they verify their secondary email for withdrawal authorization.
    • Despite appearing to be from the official Coinbase address, the email uses racial slurs and unauthorized claims.

CEO Paolo Ardoino Issues a Crypto Scam Alert

Paolo Ardoino, the CEO of Tether and Bitfinex, recently addressed the crypto community regarding an ongoing scam affecting various crypto companies. Reports from multiple sources confirm that a critical vendor used by these companies for mailing lists has experienced a security breach.

According to CoinGecko’s COO Bobby Ong, users should remain cautious as fake token launch email blasts may target unsuspecting individuals in the near future.

Despite the security breach, Ong reassured users that CoinGecko’s platforms remain safe and unaffected by the incident. Additionally, he clarified that CoinGecko has no intention of launching a token in the foreseeable future.

This incident is not the first instance of a supply chain email attack targeting the crypto industry. In a similar attack earlier this year, investors lost over $600,000 to phishing emails purportedly from various crypto-related companies. The initial point of compromise in that incident was a member of the exploited vendor’s customer support team.

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Tether CEO warns of fake airdrop scam 😱