Cryptocurrency enthusiasts are urged to remain vigilant following a stark caution from a leading figure in the field. Paolo Ardoino, CEO of Tether, has raised alarm bells about an anticipated surge in fraudulent crypto airdrop scam emails.
Reports suggest that a major email list management provider, commonly utilized by cryptocurrency firms, may have fallen victim to a data breach. This alarming revelation underscores the importance of heightened awareness and robust security measures within the crypto community. Stay informed to safeguard your digital assets.
Ardoino warned his 234,000 followers in a June 5 X post:
We received now 2 independent confirmations that a prominent vendor used by crypto companies to manage mailing lists might have been compromised
While Tether’s CEO has not disclosed the name of the breached company, he promised more details after the completion of the investigation:
Not making names yet until investigation is completed, but please beware of any emails suggesting crypto-airdrops received since 24 hours ago
Following Ardoino’s alert, CoinGecko swiftly confirmed the attack. According to Bobby Ong, CoinGecko’s COO, the breach impacted a crypto email newsletter vendor utilized by multiple firms.
Ong warned users that CoinGecko was potentially affected, according to a June 5 X post:
We at CoinGecko may be potentially affected and are actively working with our vendor to investigate further to determine the extent of this breach. We have seen phishing CoinGecko emails being sent from other client accounts. There is no CoinGecko token being planned so don’t be duped by the phishing emails
Ong cautioned against clicking on links associated with a nonexistent fraudulent CoinGecko token or emails promising new token launches.