LinkedIn Scam Mimics Legit Hiring Practices to Steal Crypto Funds
The rise of cyberattacks continues to challenge the crypto industry, with hackers continuing to refine their tactics. new wave Scam Targeting of crypto professionals via LinkedIn has come to light, demonstrating the increasing sophistication of these malicious schemes.
December 28, Web3 member Taylor Monahan Safety Experts have uncovered a social media-based scam designed to spread wallet-draining malware. These cybercriminals impersonate recruiters from well-known companies, using professional platforms and tools to build trust and lure victims.
How the LinkedIn Crypto Scam Unfolded
The attacker first creates Fake LinkedIn profile Looks believable. They then began casual conversations, claiming to represent well-known companies and offering attractive job offers. This strategy is often successful in attracting people who are not actively looking for work.
To enhance their deception, scammers use legitimate tools such as the Willo video interview platform, which is frequently used by established cryptocurrency companies. Victims receive a job description and detailed interview questions, which adds a sense of professionalism. They were then instructed to record a video response. But the platform deliberately blocked the camera and microphone, citing technical issues.
During this stage, the scam escalates. Victims are directed to a “How to Fix” link containing harmful instructions. Following these steps could jeopardize their equipment. Once executed, the victim unknowingly allows the attacker to gain control, potentially draining their crypto wallet.
“If you follow their instructions, you’re screwed. They vary depending on whether you’re on Mac/Windows/Linux. But once you do that, Chrome will prompt you to update/restart to ‘Fix the problem.’ That doesn’t solve the problem,” Monaghan said. point out.
At press time, it was unclear how much money these scams had stolen from cryptocurrency users. However, the plan reflects past events, including high profile attack Targeting employees of Japanese company Ginco crypto wallet software company. Hackers reportedly stole DMM Bitcoin exchange holds $305 million worth of Bitcoin Use these social engineering techniques.
this Violations will be investigated by the FBI and the National Police Agency of Japan. and the Department of Defense Cybercrime Center highlighted the growing threats on platforms such as LinkedIn.
While LinkedIn has taken significant steps to combat fake accounts, the challenges remain significant. in 2024 Fraud reportthe platform revealed that it had removed more than 80 million fake profiles in just six months. Automated systems blocked 94.6% of accounts upon registration or through proactive restrictions.
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