Crypto Scammers Bait Thieves with Public Seed Phrases in New Scheme: Kaspersky
A brand-new crypto fraud seems turning the script on burglars. By openly sharing seed expressions, fraudsters established bait wallets that entangle opportunists in a misleading plan created to exploit their efforts to take funds.
According to cybersecurity company Kaspersky's most current findings, fraudsters publish crypto wallet seed expressions on YouTube remarks utilizing recently developed accounts.
Preliminary Bait
The plan starts with a remark under a finance-related video from somebody declaring to require aid moving USDT, a stablecoin, to another wallet. They expose their complete seed expression, basically sharing the secret to their wallet, which appears suspicious initially look. This act of sharing a seed expression is a warning, as it is the entrance to accessing and managin...