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Security companies: Beware of the new scam method of disguising novice sharing mnemonic phrases and using Multi-signature Wallet to deceive gas fees.
ChainCatcher news, according to CoinDesk, security company Kaspersky’s latest report shows that a new type of scam targeting Cryptocurrency thieves is popular on YouTube. Scammers disguised as Newbies deliberately ‘accidentally’ share Wallet mnemonic phrases in the comments section, enticing others to try to steal 8,000 USDT worth of value from the Wallet. However, these Wallets are actually multi-signature Wallets. When a thief tries to transfer TRX as gas fees, these TRX will be automatically transferred to another Wallet controlled by the scammer. Since the gas fees for most blockchains are less than $10, this scam mainly targets small-scale thieves rather than large-scale criminals.