With Ethereum layer2 scaling solution Arbitrum successfully airdropping its tokens to users on March 23, malicious players have been trying to profit from the hype surrounding the project.
Blockchain security firm CertiK reported on March 25 that a phishing link was posted on Arbitrum Discord Server. According to a screenshot from the server, the scammer claimed that Arbitrum users could “re-claim an additional stake in Arbitrum DAO Governance.” To confirm their eligibility and claim tokens, users were asked to click on a link that misspelled Arbitrum as “Arbtirum.”
These deliberate spelling errors are common among phishing links, as unsuspecting users would unlikely notice the difference. Clicking on the link leads to a blank page with only the word “Astaghfirullah,” meaning “I seek forgiveness of God.”
As of press time, it was unclear if anyone had their wallets compromised.
Meanwhile, Certik warned users not to click on any Discord link until the Arbitrum team regained control of the server.
Scammer Makes $24k From Fake ARB Tokens
On the other hand, on-chain sleuth Lookonchain reported that a scammer’s fake ARB token saw over $24,000 in transaction volume on the decentralized exchange (DEX) Uniswap. The blockchain investigator advised the community to be careful when trading ARB.
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Author: Oluwapelumi Adejumo
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