Gate.io users at risk as scammers fake giveaway on hacked Twitter account

Gate.io users at risk as scammers fake giveaway on hacked Twitter account

The fake website is actively promoting a fake giveaway of 500,000 USDT while asking users to connect their wallets (such as MetaMask) to claim the rewards. Hackers took over the official Twitter account of crypto exchange Gate.io, putting over 1 million users at risk of losing funds to an ongoing fraudulent Tether (USDT) giveaway.Social media platform Twitter serves as the most effective medium to reach the crypto community. As a result, the trend of hacking into official Twitter handles of verified accounts to promote scams is on the rise.Hackers of unknown origin took over Gate.io’s....


Related News

Fraudsters Hacked Gate.io’s Twitter Account To Run Phishing Scam

A group of hackers exploited the Twitter account of a crypto exchange, Gate io, to promote fraudulent activities. In an attempt to access the users’ wallets, fraudsters posted a fake giveaway of Tether (USDT) through the social media account. By offering 500,000 USDT in rewards, they tweeted to ask users to connect wallets with a […]

Oman's Indian embassy Twitter account compromised to promote XRP scam

The hackers behind the attack may have been responsible for breaching India-based crypto exchange CoinDCX’s Twitter account given the similar fake XRP giveaways. Scammers have hacked the official Twitter account of the Embassy of Oman in India, replacing the profile picture with Ripple CEO Brad Garlinghouse and using the reply function to spam users with fake XRP giveaway phishing links.At the time of publication, the Twitter account OmanEmbassy_Ind showed several retweets matching those of Garlinghouse, seemingly in an attempt to make the activity look legitimate. The hacked account has....

Scammers Offer Free Bitcoin on Hacked Government Site in Russia as Crypto Fra...

Unknown scammers have organized a fake bitcoin giveaway through a Russian government website they hacked. The news of the attack comes after a recent report revealed that damages from crypto-related fraud in Russia have reached $30 million in value in the first half of this year. Regional Government Website in Russia Hacked by Scammers The main website of the local administration in the Russian city of Ryazan, around 200 km southeast of Moscow, has been targeted by hackers twice in a single day, Rzn.info reported quoted by the crypto news outlet Forklog. The unidentified....

Belgium Energy Minister’s Twitter Account Hacked- Fake Ethereum Giveaway Adve...

The official Twitter account of Belgium’s Minister of Energy was the recent victim of a high-profile hacking incident. Tinne Van der Straeten’s profile was hacked to promote a bogus giveaway of ethereum tokens. Hacked Twitter Accounts Whoever was behind the incident changed the minister’s verified profile to “Ethereum Foundation” to make it look legit. First reports indicated that a fake giveaway of 50,000 ETH started to spread out over Van der Straeten’s account. But no tweets were seen at the time the minister’s staff restored the account.....

Hackers take over CoinDCX Twitter account, promote fake XRP ads

A hacker took over CoinDCX's official Twitter account and has constantly been tweeting XRP scam links. The official Twitter account of India-based crypto exchange CoinDCX has been hacked and used by the exploiters to post fake XRP promos partnered with phishing links in an attempt to scam the exchange’s followers. Responding to the attack, the official customer support handle of CoinDCX flagged the exploit and warned its users not to click any links or messages coming from the compromised account. According to the exchange, they are working to recover the account and will be sharing....