{"id":2428,"date":"2024-06-05T21:00:12","date_gmt":"2024-06-05T21:00:12","guid":{"rendered":"https:\/\/cryptd.in\/fake-crypto-airdrop-tethers-ceo-warns-of-ongoing-supply-chain-email-exploit\/"},"modified":"2024-06-05T21:00:12","modified_gmt":"2024-06-05T21:00:12","slug":"fake-crypto-airdrop-tethers-ceo-warns-of-ongoing-supply-chain-email-exploit","status":"publish","type":"post","link":"https:\/\/cryptd.in\/fr\/fake-crypto-airdrop-tethers-ceo-warns-of-ongoing-supply-chain-email-exploit\/","title":{"rendered":"Fake Crypto Airdrop: Tether\u2019s CEO Warns Of Ongoing Supply Chain Email Exploit"},"content":{"rendered":"<p>Tether\u2019s CEO Paolo Ardoino has alerted the crypto space to another wave of supply chain email scams in an X post. The CEO urged the community to exercise extreme caution while the issue is resolved.<\/p>\n<h2>Exciting News: It\u2019s A Scam!<\/h2>\n<p>On Wednesday, online reports surfaced of suspicious emails being sent to the crypto community. Per the reports, investors received emails from crypto companies offering an upcoming token airdrop.<\/p>\n<p>First, users received emails from Bitfinex announcing \u201cexciting news\u201d for the <a href=\"https:\/\/www.newsbtc.com\/news\/bitcoin\/bitcoin-ethereum-exchanges\/\" target=\"_blank\" rel=\"noopener\">exchange<\/a>. The email revealed an upcoming ERC20 airdrop of their \u201cnew $BFX token\u201d for all Bitfinex users. The reason behind the airdrop was the recent approval of Ethereum spot exchange-traded funds (ETF).<\/p>\n<p>The email offered a \u201cclaim now\u201d link that redirected to a website asking to connect to the user\u2019s <a href=\"https:\/\/www.newsbtc.com\/bitcoin-news\/lost-and-found-hackers-successfully-access-decade-old-bitcoin-wallet-retrieve-3-million\/\" target=\"_blank\" rel=\"noopener\">wallet<\/a>. Despite the suspicious look of the email, investors doubted its legitimacy as it came from the crypto platform\u2019s official address.<\/p>\n<p>After being tested by the community, it was quickly revealed that the lookalike website was a scam page. An X user <a href=\"https:\/\/x.com\/anonployed\/status\/1798266855779389543\" target=\"_blank\" rel=\"noopener\">tested<\/a> the page with an empty wallet and found they were \u201cnot eligible\u201d for the airdrop.<\/p>\n<p>However, the user tried Rabby Wallet\u2019s watch-only feature with a VB wallet. The user found that all the ETH \u201cwould be sent to another wallet, so there was no airdrop for vb.\u201d The destination wallet was empty, which suggested that the scam generated a new wallet for each victim.<\/p>\n<p>The user confirmed the theory after testing it with a second wallet. This tactic would make tracking the number of victims and the money involved more difficult.<\/p>\n<p>Likewise, several users <a href=\"https:\/\/x.com\/hrishikeshio\/status\/1798246461391733185\" target=\"_blank\" rel=\"noopener\">rapport\u00e9<\/a> receiving strange emails from Coinbase asking to verify secondary addresses. The racist email claimed that the crypto exchange was shutting down and stated that all funds would be lost if they didn\u2019t verify their secondary email for withdrawal authorization.<\/p>\n<p>The email also came from the official Coinbase address. However, the post was unauthorized as the sender used racial slurs and doxed himself.<\/p>\n<h2>Paolo Ardoino Warns Of Ongoing Crypto Scam<\/h2>\n<p>Tether and Bitfinex\u2019s CEO, Paolo Ardoino, took X to <a href=\"https:\/\/x.com\/paoloardoino\/status\/1798300236810498198\" target=\"_blank\" rel=\"noopener\">address<\/a> the situation. In his post, Ardoino revealed he had received reports from two independent sources confirming that a prominent vendor used by crypto companies had suffered a security breach.<\/p>\n<p>The vendor, which was not named, manages the mailing lists of several important crypto companies. Similarly, CoinGecko\u2019s COO Bobby Ong warned users about the ongoing supply chain email attack targeting the community:<\/p>\n<p>Several crypto companies may be affected via email blasts of fake token launches. Be careful with email newsletters in the coming days.<\/p>\n<p>Despite being affected by the security breach, Ong <a href=\"https:\/\/x.com\/bobbyong\/status\/1798301345382060441\" target=\"_blank\" rel=\"noopener\">assured<\/a> users that CoinGecko\u2019s website and mobile app had not been impacted and were safe to use. \u00a0Moreover, he clarified that the crypto-tracking website was not launching a token, nor did it have plans to.<\/p>\n<p>It\u2019s worth noting that this is not the first time a supply chain email attack has targeted the crypto industry. In January, a <a href=\"https:\/\/www.newsbtc.com\/news\/ethereum\/crypto-wallets-drained-off-600k-due-to-ignored-phishing-attack\/\" target=\"_blank\" rel=\"noopener\">massive phishing campaign<\/a> drained around $600,000 from investors after a scammer sent unauthorized emails from different crypto-related companies.<\/p>\n<p>It was revealed at the time that a member of the exploited vendor\u2019s customer support team became the initial point of compromise. As of this writing, there are no official reports of affected users or lost funds yet.<\/p>","protected":false},"excerpt":{"rendered":"<p>Tether\u2019s CEO Paolo Ardoino has alerted the crypto space to another wave of supply chain email scams in an X post. The CEO urged the community to exercise extreme caution while the issue is resolved. Exciting News: It\u2019s A Scam! On Wednesday, online reports surfaced of suspicious emails being sent to the crypto community. Per [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2428","post","type-post","status-publish","format-standard","hentry","category-feeds"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Fake Crypto Airdrop: Tether\u2019s CEO Warns Of Ongoing Supply Chain Email Exploit - cryptd.in<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptd.in\/fr\/fake-crypto-airdrop-tethers-ceo-warns-of-ongoing-supply-chain-email-exploit\/\" \/>\n<meta property=\"og:locale\" content=\"fr_FR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Fake Crypto Airdrop: Tether\u2019s CEO Warns Of Ongoing Supply Chain Email Exploit - cryptd.in\" \/>\n<meta property=\"og:description\" content=\"Tether\u2019s CEO Paolo Ardoino has alerted the crypto space to another wave of supply chain email scams in an X post. 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