Blockchain Capital’s X account hacked to promote token claim scam

The X (Twitter) account of crypto-focused equity capital firm Blockchain Capital was relatively taken control of by fraudsters trying to draw users with the guarantee of a token claim.On Aug. 9, Blockchain Capitals account made multiple posts assuring a giveaway of “BCAP” tokens and directed users to a copycat website that emulated the appearance of the VC firms original.Blockchain Capital later on restored control of the account and deleted the posts.Scammers publishing a link to a phony Blockchain Capital website under the guise of a token claim. Source: XThe copycat website– which included an extra “n” in the URL to closely simulate the initial– directs users to connect their crypto wallet, a common strategy used by phishing scammers in order to trick users into signing a malicious deal that drains funds.The fraudsters tactically turned off discussing the posts in an effort to avoid others from caution of the possible scam. Multiple X users shared the posts caution of the rip-off attempt.Tierion creator Wayne Vaughan was among lots of to caution of the fraud attempt. Source: XBlockchain Capitals hijacked account comes days after the FBI alerted of criminal stars taking control of the social networks accounts of widely known figures in the crypto area in order to funnel users to harmful spoof sites.Related: No crypto prepares for X: Elon Musk unmasks scam token claimsA flood of fraud posts also just recently appeared on pro-XRP legal representative Jeremy Hogans hacked X account– where malicious links to a purported XRP (XRP) giveaway were posted for around four days.In late July, Binance CEO Changpeng “CZ” Zhao warned his 8.5 million X followers of the increasing number of phishing attacks following the hack of Uniswap creator Hayden Adams X account.Zhao advised against utilizing text message-based two-factor authentication and advised making use of hardware gadgets instead. Magazine: How smart people purchase dumb memecoins– 3-point prepare for success

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