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Your email address will not be published.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) $ 76,570.00
ethereum
Ethereum (ETH) $ 2,253.78
tether
Tether (USDT) $ 0.998917
bnb
BNB (BNB) $ 689.91
xrp
XRP (XRP) $ 1.25
usd-coin
USDC (USDC) $ 0.999511
solana
Solana (SOL) $ 91.37
tron
TRON (TRX) $ 0.322177
staked-ether
Lido Staked Ether (STETH) $ 2,265.05
figure-heloc
Figure Heloc (FIGR_HELOC) $ 1.03
zcash
Zcash (ZEC) $ 1,189.82
hyperliquid
Hyperliquid (HYPE) $ 82.03
monero
Monero (XMR) $ 628.73
dogecoin
Dogecoin (DOGE) $ 0.073614
usds
USDS (USDS) $ 1.00
whitebit
WhiteBIT Coin (WBT) $ 73.60
wrapped-steth
Wrapped stETH (WSTETH) $ 2,779.67
leo-token
LEO Token (LEO) $ 9.30
chainlink
Chainlink (LINK) $ 10.80
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 76,243.00
cardano
Cardano (ADA) $ 0.186291
binance-bridged-usdt-bnb-smart-chain
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.998762
stellar
Stellar (XLM) $ 0.159385
wrapped-beacon-eth
Wrapped Beacon ETH (WBETH) $ 2,466.93
bitcoin-cash
Bitcoin Cash (BCH) $ 268.79
near
NEAR Protocol (NEAR) $ 3.74
rain
Rain (RAIN) $ 0.006458
wrapped-eeth
Wrapped eETH (WEETH) $ 2,465.31
dai
Dai (DAI) $ 1.00
susds
sUSDS (SUSDS) $ 1.08
ethena-usde
Ethena USDe (USDE) $ 0.999021
uniswap
Uniswap (UNI) $ 7.06
litecoin
Litecoin (LTC) $ 53.05
canton-network
Canton (CC) $ 0.096178
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 76,366.00
usd1-wlfi
USD1 (USD1) $ 0.998282
avalanche-2
Avalanche (AVAX) $ 8.40
blockchain-usd
Blockchain USD (USDB) $ 0.932324
sui
Sui (SUI) $ 0.873104
weth
WETH (WETH) $ 2,268.37
the-open-network
Gram (prev. Toncoin) (GRAM) $ 1.15
tether-gold
Tether Gold (XAUT) $ 3,928.81
hedera-hashgraph
Hedera (HBAR) $ 0.068382
usdt0
USDT0 (USDT0) $ 0.998824
global-dollar
Global Dollar (USDG) $ 0.999994
quant-network
Quant (QNT) $ 188.11
paypal-usd
PayPal USD (PYUSD) $ 0.999962
shiba-inu
Shiba Inu (SHIB) $ 0.000005
ripple-usd
Ripple USD (RLUSD) $ 0.999881
bittensor
Bittensor (TAO) $ 220.98
Shares