MetaMask Alerts Its Users Of A New Phishing Bot
MetaMask Alerts Its Users Of A New Phishing Bot
May 4, 2021
MetaMask Alerts Its Users Of A New Phishing Bot
MetaMask Alerts Its Users Of A New Phishing Bot
May 4, 2021

MetaMask, the crypto wallet provider, has alerted its users of a new phishing bot that attempts to steal their seed phrases.

It has been reported that in a tweet published on May 3 (Monday), MetaMask warned users that the bot attempts to direct users to a purported “instant support” portal where they are prompted to enter information into a Google Docs form.  

However, the form asks for the secret recovery phrase that can be used to respawn users’ crypto wallets.

MetaMask stated that it does not have a Google Docs-based support system, urging users to seek support from the “Get Help” option within the MetaMask app itself to avoid being scammed.

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MetaMask also encourages users to report scams impersonating the wallet and its services, noting customers can do so in the app. Due to its popularity, MetaMask is one of the top targets for hackers and scammers. The developer behind the wallet, ConsenSys, reported that it had hit a record 5 million active monthly users.

Likewise, phishing attacks are a social engineering technique used by scammers to lure users into completing an action that reveals personal information or account details. In December 2020, MetaMask detailed a “rotten seed phrase attack,” in which a malicious website mimics the website of the wallet the user is trying to install.

Thus, the fake website generates a seed phrase that enables the scammers to control the wallet once it has been installed.

Source: Cointelegraph


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Ishita Bora

Ishita Bora is a Senior Content Creator at Digital Notice Media Labs with experience of 1.5 years. She has completed her Master's Degree in Language and Linguistics in 2019 from Gauhati University, India. Her interest lies in blockchain technology and cryptocurrency space. She loves writing about blockchain and other blockchain-related articles.