LinkedIn Scam Mimics Legit Hiring Practices to Steal Crypto Funds
The rise of cyberattacks continues to challenge the crypto industry, with hackers constantly refining their tactics. A new wave of scams targeting crypto professionals via LinkedIn has come to light, showcasing the increasing sophistication of these malicious schemes.
On December 28, Taylor Monahan, a Web3 security expert, exposed a social media-based scam designed to distribute wallet-draining malware. These cybercriminals pose as recruiters from respected firms, using professional platforms and tools to build trust and lure victims.
How the LinkedIn Crypto Scam Unfolds
The attackers begin by creating fake LinkedIn profiles that appear credible. They then initiate casual conversations, claiming to represent well-known…