• Bad actors are targeting the customers of bankrupt crypto exchange FTX by offering to return their lost funds.
• FTX issued an alert to its community, confirming that neither the exchange’s debater nor any of their agent will ask for a fee or an account’s sensitive information.
• Crypto scams targeting FTX customers have been on the rise since November when the Sam Bakman-Fried-led exchange collapsed and wiped out billions of dollars.
Bad Actors Targeting Customers Of Bankrupt Crypto Exchange
Bad actors are attracted to the blockchain space due to its anonymous nature; these individuals seek to scam and steal funds from investors. This time, a group of fraudsters targets the already embattled investors of the bankrupt crypto exchange FTX. To target these potential victims, scammers offer the return of their lost funds.
FTX Alerts Its Community To Prevent Victimization
On Friday, the troubled exchange issued an alert to prevent its community from being a victim of this scam. The new attack vector to bait FTX customers impersonates the platform. Bad actors ask for a payment as a fee to allegedly transfer funds or require an account password to trick their victims. While addressing its community in a recent tweet, the FTX team confirmed that the exchange’s debaters and agents never ask for a fee or an account’s sensitive information. The tweet reads: We are aware of active third-party scams and frauds seeking to take advantage of FTX customers. Please note that neither the FTX debater nor any of their agent will ask you for money, fee, payments or any passwords for your accounts in connection with the return or prospective return of customer assets. Additionally, the team provided an inquiry email address in the alert note that victimized users can contact to check legitimacy on any message or recovery offer they received.
Crypto Scams Targeting FTX Customers On The Rise
It was not only this attempt by fraudsters targeting FTX customers; since November when Sam Bakman-Fried led exchange collapsed wiping out billions of dollars, scammers got new opportunities deceive debaters by promising them return their funds with malicious intentions behind it . For example days after bankruptcy filed fake video popped up Twitter impersonating exchanges founder Sam Bakman-Fried (SBF) asking users go unsafe website “double crypto funds” looked real bad actors used verified account Twitter . Furthermore month after downfall Oregon Division Financial Regulation ordered cease desist order against company running website hyperlink those promises double crypto investments . Bitcoin price currently stands above $23 500 daily chart | Source: BTCUSD price chart TradingView com .
Investors Must Stay Vigilant Against Crypto Scams
FTX has been warning investors about possible malicious attempts since then but despite efforts some investors still fall prey this kind scams . As such it is important all cryptocurrency users take extra precaution at times like these stay vigilant against such activities win situation if well informed about how identify scammer , most importantly never reveal personal information online unless absolutely sure source safe secure .
Bitcoin Price Stands Above $23 500 In Daily Chart
Bitcoin’s price currently stands above $23 500 in daily chart according BTCUSD price chart TradingView com Investors should exercise caution while dealing cryptocurrencies taking necessary measures ensure safety security transactions always better play safe side especially times volatile market conditions prevailing uncertain economic environment .