Malicious Wallet on Chrome Ranks High and Steals User Crypto

The malicious extension secretly encodes users’ seed phrases into Sui microtransactions, giving attackers the ability to drain wallets without detection. At the same time, Australian authorities warned that criminals have been impersonating police and exploiting official government systems to pressure victims into transferring their digital assets. Together, these cases reveal how scammers are now blending technical backdoors with social-engineering tactics to deceive even cautious users. Crypto users are cursed to treat unexpected communications with extreme suspicion.

Malicious Wallet App Tricks Users

Blockchain security firm Socket uncovered a dangerous new threat lurking in the Google Chrome Web Store: a malicious wallet extension…

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