FBI warns of phishing scams and social media account hijackers

The FBI warned that the account hijackers work to “create a sense of urgency” with their posts and urged people to vet any website or potential opportunity before clicking on it.

The United States Federal Bureau of Investigation (FBI) has warned of criminal actors hijacking social media accounts and posing as legitimate people in the nonfungible token (NFT) and crypto space.

It also raised concerns over spoof websites that dupe victims into thinking they are using legitimate platforms to steal their NFTs or crypto.

The warning comes as the number of victims having their funds drained from these two types of scamming methods continues to grow.

*Recent phishing link from Uniswap founder Hayden Adams’ X account by hackers. Source: X (Twitter)*

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.”

“Criminals either gain direct access to NFT developer social media accounts or create almost identical accounts to promote new NFT releases. Fraudulent posts often aim to create a sense of urgency, using phrases like ‘limited supply,’ and refer to the promotion as a ‘surprise’ or previously unannounced mint.”

“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 a person’s funds or assets.

However, 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 connect their walle

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Author: Brian Quarmby

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