Multichain attack triggers Twitter phishing scheme for FTM distribution
Hackers continue their relentless attacks, displaying no signs of slowing down. Shortly after the Multichain hack, scammers started spreading a phishing link on Twitter.
The fraudulent distribution of Fantom (FTM) to users — falsely linked to the Multichain attack — is rapidly spreading on Twitter, attracting significant attention. The post has attracted a lot of attention from Twitter users.
In the tweet, the scammers stated:
A phishing link was included in the tweet and shared with the affected users, leading them to believe it is associated with Fantom Foundation, the nonprofit organization responsible for the Fantom network.
Due to the Multichain hack, Fantom Foundation is issuing an emergency FTM distribution to all users. All users who have interacted with the FTM chain are eligible to claim. Receive Now ➡️ https://t.co/UUOBcycz8t#Fantom #Multichain #FTM #FTMUSDT#FantomHackathon $USDC,…
On July 6, Multichain encountered an alarming situation when significant outflows were detected on its platform. In response, Multichain suspended operations to investigate the issue. By the end of the day, approximately $125 million worth of Multichain assets had been illicitly transferred to various wallets. The most targeted was the Fantom bridge, with approximately $122 million worth of Wrapped Bitcoin (WBTC), USD Coin (USDC), Tether (USDT) and other altcoins stolen from its holdings.
Looks like another hack happened on Multichain. This DOES NOT affect users on @Binance or @Binance itself. We have swapped all assets out and closed deposits a while back. Regardless, we offer our assistance in helping with the situation.Stay #SAFU. https://t.co/GGInbxFkic
In response, Multichain strongly recommended users halt all activities on the
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