Binance co-founder Yi He has warned the crypto community against scammers impersonating her account and launching phishing campaigns.
According to He’s communication on Friday, cryptocurrency scammers successfully stole 60 Ether (ETH). The victim apparently clicked on a malicious link, likely believing the Binance executive was promoting a digital asset giveaway.
“Please be careful of such fake accounts,” he advised blockchain participants and community members. Scammers love to exploit celebrities, companies, and other well-known individuals for nefarious purposes.
On previous occasions, attackers have hacked social media pages operated by CoinGecko, Ethereum’s Vitalik Buterin, and MicroStrategy, among others. Scammers reportedly used AI-generated deep fakes to host a widely followed phishing trap on YouTube earlier this month.
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Cryptocurrency launches under siege
The problem is especially prevalent on the social network X. Scammers often mimic web3 protocols pages during airdrops to trick users into unknowingly stealing funds.
According to Blockaid, the number of malicious platforms spoofing Ethereum scaling solution zkSync has increased fivefold since the project announced its token distribution plan. Blockaid CEO and co-founder Ido Ben-Natan also told crypto.news that scammers will likely deploy X ads to target all zero-knowledge (ZK) accounts during this period.
The model is a growing trend in the nascent blockchain industry as bad actors try to ride the hype around these launches to steal digital assets. Similar incidents were noted when Starknet and EigenLayer announced their respective airdrops.
⚠️ Are you excited about @zksync’s $ZK airdrop? This is how scammers are!
Blockaid has observed a massive increase in malicious dApps impersonating the ZkSync eligibility checker, with a 5x increase on the day the checker was released. pic.twitter.com/tmW1xPHed0
– Blockaid (@blockaid_) June 13, 2024
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