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FTX Warns of Phishing Surge as Creditor Repayments Begin

FTX users, beware! Phishing emails are on the rise as creditor repayments begin. Don't fall for fake notices and protect your sensitive information.

This image consists of a coin. On this coin, I can see some text.
This image consists of a coin. On this coin, I can see some text.

FTX Warns of Phishing Surge as Creditor Repayments Begin

FTX users are warned about a surge in phishing emails targeting the ongoing creditor repayment process. Scammers are exploiting the third distribution phase, which started on September 30, to trick users into revealing sensitive login credentials and wallet access.

Fraudulent emails, mimicking legitimate distribution notices, are circulating. They impersonate 'Kroll Settlement Advisory' and the official FTX Customer Portal. The senders, currently unknown, aim to steal users' credentials and cryptocurrency. FTX's official account has shared examples of these fake communications.

FTX reminds users that legitimate services never ask for wallet connections. The company warns users to be vigilant against phishing emails and spoofed websites resembling the official portal. The timing of these scams coincides with FTX's legitimate third distribution phase, making it crucial for users to stay alert.

FTX users should exercise caution during the creditor repayment process. The company warns against phishing emails and fake websites, especially those claiming to be from 'Kroll Settlement Advisory'. Users are advised to verify the authenticity of any communication before sharing sensitive information.

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