Following Multichain’s protocol bridge exploit, bad actors are trying to scam victims using phishing links that offer emergency airdrops.
The malicious actors specifically target victims of the Multichain hack, enticing them with promises of airdropping new tokens.
Phishing Links Targeting Multichain and Fantom Users Emerge on Twitter
Scammers, operating an account resembling Fantom Foundation’s official account, tweeted a phishing link that received over 5000 retweets and accumulated over 50,000 views.
Meanwhile, several on-chain sleuths have cautioned their community about these phishing links. However, whether the fraudulent airdrop announcement has affected or misled any users is unclear.
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Circle and Tether Blacklist Over $67M of Stolen Funds
Stablecoin issuers Tether and Circle have blacklisted five addresses that received part of the $126 million stolen funds. These firms froze $67.5 million worth of USDC and USDT, representing about 50% of the stolen funds from the cross-chain protocol.
Blockchain security firm Peckshield reported that Circle blacklisted three addresses receiving outflow funds from Multichain. The three addresses, 0x027F1, 0xefEeF, and 0x48BeA, held $65 million in USDC.
Author: Oluwapelumi Adejumo
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