Scam Alert

MetaMask Users Should Be Careful With Scams Via Fake Websites

Key Points:

Scammers exploit government websites to trick MetaMask users into visiting fake sites.
Users risk losing crypto assets by linking wallets to these fraudulent sites.
The wallet provider previously denied wallet vulnerability and advised caution and verification.

**According to Cointelegraph, crypto scams targeting MetaMask users are using website URLs owned by governments of various countries to trick victims into accessing their crypto wallets.**

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Once users click on any malicious link in the government website URL, they are redirected to the fake URL instead of the original URL “MetaMask.io”.

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Ethereum-based crypto wallet MetaMask has been a long-standing target for scammers, which involves redirecting unwary users to fabricated websites that request access to the wallets. Cointelegraph’s investigation on the matter found numerous government-owned websites being used to perpetrate this exact scam.

Official government websites in India, Nigeria, Egypt, Colombia, Brazil, Vietnam, and other jurisdictions were allegedly found to redirect to fake MetaMask sites.

If users ignore the warning, they are greeted by a website resembling the official website. The fake websites will eventually ask users to link their wallets to access various services on the platform.

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In April, MetaMask denied allegations of a wallet vulnerability when a developer claimed that a large amount of ETH was stolen from the wallets in late 2022 because of this issue.

The wallet provider said the 5,000 ETH were stolen from various addresses across 11 blockchains, reaffirming that the claim that funds were hacked from MetaMask is incorrect.

Users are strongly advised to exercise extreme caution when clicking on links, even from seemingly legitimate sources, and to double-check the authenticity of websites to protect their crypto assets from falling victim to such scams.

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.

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.