Stay Safe! - Here’s A New Phishing Scam Targeting NFT Influencers And Founders

Stay Safe! – Here’s A New Phishing Scam Targeting NFT Influencers And Founders

Updated: 28 March 2024

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The global Crypto fraud incidents have seen a dramatic increase this year, following the recent resurgence of the crypto market, spotlighting the urgent need for robust cyber security measures. Phishing is one of the classic cyber scams that are now widespread in the crypto world.

In a March 28 blog post, Voh, a crypto influencer and partnership activation manager at Magic Eden non-fungible token market platform, has shared a new phishing scam targeting crypto and NFT influencers, founders, employees of notable companies, and high net-worth individuals.

https://twitter.com/vohvohh/status/1773198464182055378

How Does The New Phishing Trick Works?

By description, a phishing scam is a type of social engineering attack often used to steal user data, including login credentials and credit card numbers. In most cases, this type of online scam targets crypto users by sending them an e-mail or a link that appears to be from a well-known source, such as an internet service provider, a crypto project, or an NFT project.

Unfortunately, in recent times, hackers and scammers have rapidly advanced in trickery, making some of these phishing scams nearly barely unnoticeable. According to Voh, scammers are sending direct messages to NFT influencers, founders, employees of notable companies, and high-networth individuals posing as reporters or employees from a notable media company. The message and their profile can look pretty legitimate. But it’s not.

Sadly, after much conviction, this fake employee or reporter will eventually share a fake and fraudulent calendly link to book time for a podcast, space, or interview with them. The process will look very real, but it will ask individuals their X login “former Twitter”, the process that Calendly does not require. Scammers, after that, use victims’ social media handles to promote fraudulent links.

How To Prevent Yourself From Phishing Scams

Never provide your personal information in response to an unsolicited request. Moreover, you are advised to use a two-factor- authentication and never click suspicious links. It’s worth noting that Calendly will never ask you to login to X. Phishing attempts are likely will happen more often and will get more elaborate amid the recent crypto market bull run. Stay safe.