Disclaimer: Information found on CryptoreNews is those of writers quoted. It does not represent the opinions of CryptoreNews on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoreNews covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.
The X (Twitter) account belonging to Blockchain Capital, a venture capital firm focused on cryptocurrency, appears to have been compromised by scammers who are trying to deceive users with the promise of a token giveaway.
On August 9, the account of Blockchain Capital published several messages announcing a giveaway of “BCAP” tokens and directed users to a fraudulent website that mimics the design of the firm’s authentic site.
Scammers sharing a link to a counterfeit Blockchain Capital site under the pretense of a token giveaway. Source: X
The fraudulent website—featuring an extra “n” in the URL—encourages users to link their cryptocurrency wallets, a typical strategy employed by phishing scammers to siphon off user funds.
Related Posts
The scammers strategically disabled the comments section to hinder others from alerting potential victims about the scam.
This is fake. Don’t get scammed. https://t.co/kQyo3NuIx4
— Wayne Vaughan (@WayneVaughan) August 9, 2023
The counterfeit site imitates the official Blockchain Capital website by falsely asserting investments in major cryptocurrency companies such as Coinbase, Kraken, and OpenSea.
This is an evolving situation, and additional details will be provided as they emerge.
