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.”

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
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Author: Oluwapelumi Adejumo