Pro-XRP lawyer John Deaton’s Twitter account was hacked on June 4 and used to advertise a malicious LAW token.
Deaton’s group, Crypto Law, tweeted that his account had been underneath “a relentless cyberattack over several days.” The outstanding XRP lawyer alerted his followers to the hack via his daughter’s account, urging them to report the incident.
“John Deaton’s phone has been hacked today after a relentless cyberattack over several days. This is NOT a legitimate tweet. His account has been taken over. He has taken immediate steps to remedy the situation.”
Pro-Ripple Lawyer Account Hacked on Birthday
The timing of the hack is attention-grabbing because it got here on his birthday. This was seemingly a calculated transfer by the hackers so as to add legitimacy to their tweets, as they have been providing a faux giveaway of the LAW token. According to the scammers, the token “introduces an innovative approach to tokenization and DeFi, centered around crypto regulation and jurisdiction.”
Meanwhile, a number of outstanding XRP group members instantly warned others to be cautious of the rip-off. Additionally, Ripple’s CTO, David Schwartz, reiterated these warnings, adding that:
“[t]he site is a rip off of https://fuse.io and is broken in many ways. Registration is anonymous. The only evidence this is a thing is from John’s Twitter.”
Deaton is a popular figure on Crypto Twitter, particularly inside the XRP group. He has over 200,000 followers and a stable status for covering the continued lawsuit between Ripple and the SEC. The lawyer led a category motion lawsuit in opposition to the SEC, alleging the company’s enforcement motion in opposition to Ripple had harmed XRP buyers.
Phishing Scams Get More Daring
Meanwhile, the incident highlights the daring nature of most crypto scammers. While different types of crypto theft look like trending down, phishing scams are gaining momentum. BeInCrypto reported how scam-as-a-service suppliers earned over $7 million via their unlawful assaults.
The scammers use a number of means, together with hacking the Twitter accounts of well-known people, hacking Discord servers of tasks, and spamming posts with phishing hyperlinks.
In most instances, phishing hyperlinks supply airdrop for an present challenge or promote a brand new one. Users are often required to attach their wallets, leading to them shedding their funds.
The LAW token web site has an identical interface to most phishing websites and requires customers to attach their wallets. There aren’t any studies of anybody connecting their wallets to the rip-off website or shedding funds on the time of writing.
Disclaimer
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