Popular cryptocurrency wallet provider Trezor has sent a warning to its users concerning a phishing email attack.
According to the statement, users might lose some of their digital assets like Bitcoin (BTC), Ripple (XRP), and others. The attack, which came via email, stated that recipients should submit their BTC and XRP wallet addresses for a fake upgrade.
Similar to other crypto phishing scams, the email sent to Trezor users came in the form of an address that looked like the company's official email address.
The message content informed registered users that the company is undergoing an upgrade for cryptocurrencies like Bitcoin and Ripple which required them to take further action.
In a persuasive tone, the scammers urged recipients to link their wallet addresses upon receiving the message or be liable for the loss of funds from their portfolios.
Since the perpetrators didn't know the assets each user was holding, they decided to target mainly popular coins like BTC, XRP, and ETH. The email guides users to a hyperlink that seems to be associated with Trezor's legitimate domain.
This is a common strategy employed in phishing scams to establish credibility and deceive potential victims.
The cryptocurrency wallet service took to X (former Twitter) to send a warning to its ecosystem, alerting them about the messages and implications of following the fake instructions.
"We've detected an unauthorized email impersonating Trezor sent from a third-party email provider we use. If you received a suspicious email with the subject line 'Assets undergoing upgrade' from the ID: noreply@trezor.io, please do not click any links or provide any info within. We request you to delete that email immediately," the tweet says.
Trezor has officially verified that the mentioned email did not originate from their servers. They strongly caution users against clicking on any links or divulging sensitive information. Meanwhile, the company promptly took action by deactivating the malicious link, effectively minimizing potential risks.
"The unauthorized email impersonating Trezor using our domain addressed subscribers to our newsletter. If you have not disclosed your 12 or 24-word recovery seed through any online form, your assets remain secure. If you have entered your recovery seed in any form, particularly one that was sent via email, it is crucial to transfer your funds to a new wallet immediately," Trezor tweeted.
The quick response from Trezor seemed to save the majority of its users from falling victim to the phishing scam. The company went further to guide how to ensure the users' funds are safe.
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