FTX creditors are in the crosshairs of phishing attackers, who promise swift withdrawals for trapped assets left after the exchange’s last November collapse. These phishing attempts coincide with revelations that the bankrupt firm had sought financial support from industry giants like BlackRock and Google before its implosion.

On October 20, Sunil, a prominent advocate for FTX creditors, advised FTX creditors not to click on any suspicious links from emails of attackers posing as FTX entities.

Phishing Attack

These fraudulent emails promised the creditors expedited withdrawals and encouraged them to transfer their assets to their wallets. These instructions bypass any waiting periods and the current legal proceedings surrounding the bankruptcy processes.

According to the email, “priority clients” can now expedite the asset withdrawal process from the FTX platform. Part of it reads:

“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.”

FTX Phishing attack
Phishing Emails Targeting FTX Users. Source: Sunil/X

Meanwhile, this is not the first time FTX’s creditors have been targeted via a phishing scam. In August, the exchange confirmed that its bankruptcy claims agent, Kroll, suffered a breach that compromised customers’ pe

Go to Source to See Full Article
Author: Oluwapelumi Adejumo

Did you like this?
Tip BTC Newswire with Cryptocurrency

Donate Bitcoin to BTC Newswire

Scan to Donate Bitcoin to BTC Newswire
Scan the QR code or copy the address below into your wallet to send some bitcoin:

Donate Bitcoin Cash to BTC Newswire

Scan to Donate Bitcoin Cash to BTC Newswire
Scan the QR code or copy the address below into your wallet to send bitcoin:

Donate Ethereum to BTC Newswire

Scan to Donate Ethereum to BTC Newswire
Scan the QR code or copy the address below into your wallet to send some Ether:

Donate Litecoin to BTC Newswire

Scan to Donate Litecoin to BTC Newswire
Scan the QR code or copy the address below into your wallet to send some Litecoin:

Donate Monero to BTC Newswire

Scan to Donate Monero to BTC Newswire
Scan the QR code or copy the address below into your wallet to send some Monero:

Donate ZCash to BTC Newswire

Scan to Donate ZCash to BTC Newswire
Scan the QR code or copy the address below into your wallet to send some ZCash:

BTC NewswireAuthor posts

BTC Newswire Crypto News at your Fingertips

Comments are disabled.