Investors must exercise caution as cyber attackers, having previously hacked the SEC’s account causing significant distress, could strike again in various ways. Recent attempts suggest they are actively targeting financial platforms.
CoinGecko’s account was compromised, with a now-deleted fake announcement claiming the launch of a new token. Screenshots from users indicate that the fraudulent post directed investors to the main site, but the link preview masking techniques we warned about months ago can deceive users into visiting the attacker’s website instead.
Although the deceptive post was removed, attackers might retry with a more convincing narrative. The status of CoinGecko’s account is currently unknown, and the team has not issued a statement.
Previously, cybercriminals took control of the SEC’s corporate account and falsely announced an ETF approval. Investors are advised to remain vigilant, especially against seemingly exciting but potentially misleading announcements.
The threat extends to other popular accounts, which may be targeted with similar schemes. It’s crucial for investors to stay cautious and verify information from multiple sources to avoid falling victim to these cyber threats.