FTX users are reportedly being targeted by withdrawal scams. X (formerly Twitter) user and FTX creditor advocate Sunil issued a warning to FTX account holders about a phishing scam and urged them to avoid clicking on suspicious links.
Sunil’s postal Highlights the evolving tactics employed by online fraudsters.
FTX users reported receiving spoofed emails purportedly sent by FTX Trading, West Realm Shires Services, and FTX EU. The emails falsely provided FTX creditors with an exclusive opportunity to immediately withdraw their assets, bypassing waiting periods and legal proceedings. An example of a scam email states:
“We are pleased to offer a special opportunity to valued preferred customers of FTX Trading Ltd., West Realm Shires Services Inc. and FTX EU Ltd. starting today, October 20, 2023. As a preferred customer, you can now receive your Complete the withdrawal process for your assets on the FTX platform and have them deposited directly into your wallet, eliminating any waiting periods and court outcomes.”
The email was targeted at users eager to withdraw their assets amid the ongoing legal dispute involving the exchange’s former CEO, Sam Bankman-Fried.
related: Sam Bankman-Fried asks FTX lawyers to make legal arguments over $8 billion breach
The scam emerged shortly after FTX creditors announced a resolution to a customer property dispute, achieving a notable milestone.
The revised plan, which is pending bankruptcy court approval, is expected to provide significant relief to FTX’s global customer base. Under the proposal, customers will receive more than 90% of the distributable value.
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