Crypto Scammers Found a Way to Steal Crypto and NFT from OpenSea Users

In our LATOKEN reviews and other articles, we more than once touched upon the topic of safety when dealing with cryptocurrency. You should be especially careful about crypto scams and avoid becoming a victim of such fraud.

Another cryptocurrency scam? What happened to OpenSea users

In today’s article, we want to tell you about one more crypto scam case that happened recently. According to Bleeping Computer, crypto scammers have found a way to steal non-fungible tokens (NFT) and cryptocurrency from users of the OpenSea marketplace. Crypto scammers on Discord urged users to go to the OpenSea Support Chat, which was not really related to the marketplace.

OpenSea is one of the largest NFT marketplaces that allows you to create your own non-fungible tokens and sell them.

Artist Jeff Nicholas turned to fraudsters for help. The crypto scammers asked Nicholas to turn on screen sharing and then re-sync the MetaMask extension for Google Chrome with the mobile version of the crypto wallet.

The MetaMask wallet is synchronized with the mobile application using a QR code. However, the MetaMask developers warn that the QR code cannot be shown to other users, as they will be able to access the wallet with it.

According to Nicholas, the scammers immediately scanned the QR code and gained access to the wallet. After that, they stole his crypto and NFT tokens and transferred them to their addresses. Nicholas claims that as a result of a phishing attack, crypto scammers stole almost $500,000 from him.

The incident was commented on by the head of the OpenSea product department Nate Chastain. He urged users to be vigilant and only contact the official OpenSea support center.

While the crypto scam situation is gradually improving, you should always remain vigilant when dealing with cryptocurrency and NTF tokens.

How not to become a victim of a crypto scam? Tips from LATOKEN

LATOKEN often writes about crypto scams because it cares about its users, traders, and crypto enthusiasts worldwide.

Would you like to read some advice from LATOKEN on how to avoid becoming a victim of cryptocurrency scams? Here are some of them:

  • Never forget to check the domain when you receive emails.
  • Install Anti-Phishing code if the platforms you are using support such functionality.
  • Set up an IP whitelist for login if possible.
  • Always do your research about all the tokens, protocols, and crypto projects.
  • Do not invest in recently launched projects with no information about the team.
  • Make sure you download all the files from a trusted source.
  • Always make regular security updates for your operating system.
  • Download applications only from official websites.

By following the tips described above, you will be able to protect yourself and your crypto investing from any cryptocurrency scam. Stay safe!

If you want to learn more about tokens listed on LATOKEN, crypto projects through LATOKEN Review, and tips on avoiding becoming a victim of a crypto scam, follow us on Medium, LATOKEN Blog, or LATOKEN VCTV channels.

About LATOKEN

  • Ranked #2 worldwide in the startup tokens primary market with 220+ IEO’s since 2017.
  • Has over 2 mln registered users, over 1 mln Android app installs.
  • Is in the TOP 10 of CoinGecko rank by the amount of token pairs and coins listed.
  • VCTV, a live streaming panel with high-profile industry leaders, produced over 500 shows to advise traders and investors how to navigate the crypto world with discussions, news updates, and interviews.
  • Advisory Board includes former CFOs from JP Morgan and Paypal.

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LATOKEN crypto exchange does not provide any investment, tax, legal, or accounting advice. This article is written for informational purposes only. Like other assets, cryptocurrency is subject to market risk. Please do your own research and trade with caution.

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#1 cryptocurrency exchange in liquidity for new digital assets and the leading platform for compliant multi-asset tokenization. http://go.latoken.com/start

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#1 cryptocurrency exchange in liquidity for new digital assets and the leading platform for compliant multi-asset tokenization. http://go.latoken.com/start

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