Users should avoid connecting their wallets to unapproved websites due to a phishing scam disguised as a reimbursement email. Following a recent hack, users are being bombarded by phishing attacks. Scammers are exploiting the chaos by sending fake compensation emails, pretending to be from WazirX.
These emails look official and acknowledge the security breach while promising reimbursement. They mention the issuance of a new token, WZA, which will be airdropped to affected users within 30 days. One email states:
“On July 18, 2024, our platform experienced a significant cyber attack resulting in the loss of over $230 million in various cryptocurrencies. Despite our robust security measures, attackers managed to exploit a vulnerability in our multi-sig wallet, causing this unfortunate incident. We deeply regret any inconvenience and concern this may have caused you.”
However, these emails are part of a sophisticated phishing attempt aimed at tricking users into clicking on harmful links or disclosing personal information.
WazirX’s Response and Warnings
WazirX has highlighted several measures to combat phishing scams. The company has been actively trying to mitigate the damage caused by these phishing attempts. They also pointed out the rise of scam bots posing as official WazirX accounts. In a statement, WazirX said:
“It has come to our notice that scam bots are impersonating our official WazirX accounts and sharing fake links. We strongly recommend double-checking the username and verified badge of any account that appears to be WazirX.”
Also Read: India’s Top Crypto Exchange WazirX Hacked: $230 Million in Digital Assets Lost
Community Alerts
Sumit Gupta, CEO of CoinDCX, issued a stern warning to the crypto community about these fake compensation emails following the major attack on WazirX. Gupta used X (formerly Twitter) to caution users against fake emails and emphasized the importance of verifying the authenticity of any communication from WazirX. He advised users to double-check the sender’s email address and the website link’s authenticity, and to verify details from trusted sources before taking any action.
Gupta’s warning included the hashtag #WazirX, which gained traction as users shared their experiences and tips for avoiding scams.
Users are urged to avoid links from unverified sources and use the official WazirX website and support channels for inquiries regarding the recent hack and compensation plan. Scam Sniffer also warns against fake WazirX accounts and phishing sites, noting that hacks present opportunities for scammers to strike.
