FTX users beware: Scammers target $1.6b bankruptcy payout recipients
NegativeCryptocurrency

FTX, the cryptocurrency exchange currently in bankruptcy, has issued a warning to its creditors about a surge in phishing scams. Scammers are sending fake emails that appear to be from Kroll, the firm managing the bankruptcy process, in an attempt to deceive users into providing sensitive information. This situation is critical as it not only jeopardizes the financial recovery of affected users but also highlights the ongoing risks in the cryptocurrency space, where scams are rampant.
— Curated by the World Pulse Now AI Editorial System