The fraudsters used a new type of “fishing” campaign, which does not use e-mail, to steal cryptocurrencies worth about 500 thousand dollars.
According to research firm Check Point Research, fraudsters bought Google Ads to market their sites, which mimicked popular cryptocurrency wallets like Phantom App and MetaMask.
The malicious sites had URLs similar to the wallets mentioned (such as “phantonn.app” instead of “phantom.app”), while the designs also copied the original model of the digital wallets mentioned.
After attracting users, fraudsters stole their victims’ passwords, which they would put on these fake sites. Some options included importing a full existing portfolio into a fake site.
Phantom App and MetaMask are some of the most popular cryptocurrency storage applications Ethereum and Solana.
A total of about half a billion dollars of cryptocurrency is believed to have been stolen over the past weekend alone. Eleven crypto-portfolios compromised with digital currencies worth between $ 1,000 and $ 10,000 were discovered, but funds had already been withdrawn from them.
Users are advised to check the URLs of their cryptocurrency wallets and avoid Google Ads search results, so as not to fall victim to this scam.
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