Users of FTX have reported getting misleading emails that seem to have come from FTX Trading, FTX EU, and West Realm Shires Services.
There is a withdrawal fraud that is allegedly targeting FTX consumers. Sunil, an advocate for FTX creditors and user of X (previously Twitter), warned FTX account holders of a phishing scheme and asked them not to click on suspicious links. Sunil’s X article demonstrates the constantly changing strategies used by online crooks.
Users of FTX have reported getting misleading emails that seem to have come from FTX Trading, FTX EU, and West Realm Shires Services. The emails allegedly give creditors of FTX a unique opportunity to extract assets right away, without waiting periods and court cases. An instance of a bogus email looks like this:
“We are thrilled to present a unique opportunity to the esteemed priority clients of FTX Trading Ltd., West Realm Shires Services Inc., and FTX EU Ltd., effective immediately, October 20, 2023. You can now withdraw your assets from the FTX platform as a priority client and deposit them straight into your wallet, skipping the waiting time and court proceedings.
In light of ongoing legal challenges surrounding Sam Bankman-Fried, the former CEO of the exchange, the email addresses users eager to withdraw their holdings.
The swindle surfaced soon after FTX creditors announced the resolution of customer property disputes, marking a significant milestone.
The updated proposal, which is awaiting approval from a bankruptcy court, offers FTX’s global client base substantial relief. Customers will receive more than 90% of the distributable value, per the proposal.