Scam Alert

Gate.io’s Official Twitter Was Hacked To Scam Users

Hackers took hijacked the official Twitter account of crypto exchange Gate.io, putting over 1 million users in danger of losing assets due to an ongoing phishing scam involving Tether.
Gate.io's Official Twitter Was Hacked To Scam Users 4

Twitter is the most effective tool for reaching out to the crypto community. As a result, hacking into official Twitter handles of verified accounts to promote fraud is becoming more common.

Unknown hackers took hijacked Gate.io’s Twitter account and altered the website URL from Gate.io to gate.com (https://xn—gte-ipa.com/) – a bogus website mimicking the exchange.

(CoinCu does not encourage you to access the scam link to avoid the risk of losing your property)

Gate.io's Official Twitter Was Hacked To Scam Users 5

The fraudulent website aggressively promotes a 500,000 USDT giveaway while requesting visitors to link their wallets (such as MetaMask) to receive the prizes. When a user links their wallet to a bogus website, the hackers obtain access to their current cash and drain them.

Gate.io's Official Twitter Was Hacked To Scam Users 6

Peckshield also validated the continuing assault by detecting the phishing website and warning users about the dangers of losing private keys.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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Website: coincu.com

Harold

CoinCu News

Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.

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