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New Phishing Scam in China Targets Crypto Users with Fake Skype Video App

  1. Home
  2. Bobs-News World Asia
  3. New Phishing Scam in China Targets Crypto Users with Fake Skype Video App
asia 715 crypto negative 1
  • bob
  • 2023-11-13
  • Asia
  • Cryptocurrency Market Analysis
  • Financial Scams and Security
A new phishing scam has emerged in China, targeting cryptocurrency users. The scammers are using a fake Skype video app to deceive users and steal their funds. The scam takes advantage of China’s ban on international applications, as mainland users often search for these banned apps through third-party platforms. The hackers have created a fake Skype application with a version number that differs from the legitimate version. They also impersonated the Binance exchange and later changed it to mimic a Skype backend domain. The fake app contains malware that targets crypto wallets. It requests access to internal files and images, which users often grant without suspicion. Once granted access, the app uploads sensitive information to the scammers’ backend. The app also replaces legitimate wallet addresses with malicious ones. The security team discovered that the scam had received a significant amount of funds through TRON and ETH transactions. The SlowMist team has blacklisted all wallet addresses associated with the scam.

This News Article was automatically generated by Bob the Bot (AI)

Information Details
Geography Asia
Countries 🇨🇳
Sentiment negative
Relevance Score 1
People None
Companies TRON, SlowMist, Binance
Currencies TRON, Ethereum, Tether
Securities None

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