FTX clients face deceptive priority withdrawal scam

0

[ad_1]

FTX users are reportedly being targeted in a withdrawal scam. X (formerly Twitter) user and FTX creditor advocate Sunil cautioned FTX account holders about the phishing scam and urged them to avoid clicking on dubious links.

Sunil’s X post highlights the ever-evolving tactics online scammers employ.

FTX users have reported receiving deceptive emails purportedly sent by FTX Trading, West Realm Shires Services and FTX EU. The emails falsely offer FTX creditors an exclusive chance for immediate asset withdrawals, bypassing waiting periods and legal proceedings. One example of a fraudulent email states:

“We are excited to offer the valued priority clients of FTX Trading Ltd., West Realm Shires Services Inc., and FTX EU Ltd., a special opportunity starting today, Oct. 20, 2023. As a priority client, you can now undergo the withdrawal process for your assets on the FTX platform and deposit them directly into your wallet, eliminating any waiting period and court outcomes.”

The email targets users keen to withdraw assets amid ongoing legal disputes involving Sam Bankman-Fried, the former CEO of the exchange.

Related: Sam Bankman-Fried asked FTX attorney to ‘come up’ with legal argument for $8B hole

The scam emerged shortly after FTX creditors achieved a notable milestone by announcing the resolution of customer property disputes.

Pending approval from a bankruptcy court, the revised plan envisions significant relief for FTX’s global customer base. According to the proposal, customers will obtain over 90% of the distributable value.

Magazine: Can you trust crypto exchanges after the collapse of FTX?

[ad_2]

Source link

Leave A Reply

Your email address will not be published.

bitcoin
Bitcoin (BTC) $ 87,639.00
ethereum
Ethereum (ETH) $ 2,945.93
tether
Tether (USDT) $ 0.999537
bnb
BNB (BNB) $ 848.87
xrp
XRP (XRP) $ 1.88
usd-coin
USDC (USDC) $ 0.999780
solana
Solana (SOL) $ 123.42
tron
TRON (TRX) $ 0.284048
staked-ether
Lido Staked Ether (STETH) $ 2,943.26
dogecoin
Dogecoin (DOGE) $ 0.129875
figure-heloc
Figure Heloc (FIGR_HELOC) $ 1.04
cardano
Cardano (ADA) $ 0.361909
whitebit
WhiteBIT Coin (WBT) $ 57.12
bitcoin-cash
Bitcoin Cash (BCH) $ 576.80
wrapped-steth
Wrapped stETH (WSTETH) $ 3,601.23
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 87,473.00
wrapped-beacon-eth
Wrapped Beacon ETH (WBETH) $ 3,199.90
usds
USDS (USDS) $ 0.999872
wrapped-eeth
Wrapped eETH (WEETH) $ 3,194.14
binance-bridged-usdt-bnb-smart-chain
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.999325
chainlink
Chainlink (LINK) $ 12.23
monero
Monero (XMR) $ 440.93
leo-token
LEO Token (LEO) $ 8.06
weth
WETH (WETH) $ 2,944.15
stellar
Stellar (XLM) $ 0.216344
zcash
Zcash (ZEC) $ 413.82
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 87,623.00
ethena-usde
Ethena USDe (USDE) $ 0.998639
litecoin
Litecoin (LTC) $ 76.47
hyperliquid
Hyperliquid (HYPE) $ 24.40
sui
Sui (SUI) $ 1.43
avalanche-2
Avalanche (AVAX) $ 12.07
susds
sUSDS (SUSDS) $ 1.08
hedera-hashgraph
Hedera (HBAR) $ 0.111278
dai
Dai (DAI) $ 1.00
shiba-inu
Shiba Inu (SHIB) $ 0.000007
usdt0
USDT0 (USDT0) $ 0.999454
paypal-usd
PayPal USD (PYUSD) $ 0.999539
crypto-com-chain
Cronos (CRO) $ 0.094802
uniswap
Uniswap (UNI) $ 5.76
world-liberty-financial
World Liberty Financial (WLFI) $ 0.132265
the-open-network
Toncoin (TON) $ 1.45
mantle
Mantle (MNT) $ 1.06
ethena-staked-usde
Ethena Staked USDe (SUSDE) $ 1.21
canton-network
Canton (CC) $ 0.085104
polkadot
Polkadot (DOT) $ 1.75
usd1-wlfi
USD1 (USD1) $ 0.998838
rain
Rain (RAIN) $ 0.008002
bitget-token
Bitget Token (BGB) $ 3.47
memecore
MemeCore (M) $ 1.40
Shares