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OpenSea at risk: a new wave of fraud threatens the largest NFT platform

OpenSea at risk: a new wave of fraud threatens the largest NFT platform

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by Liza Tanasova

2 years ago


Scammers have gone on the hunt for users of the popular NFT OpenSea trading platform, introducing a new phishing scheme. Even co-founders of projects such as MasterJew.eth from ApeFathersNFT have been targeted. Deceptive emails purportedly sent from OpenSea promise participation in an exclusive event featuring Nike and RTFKT, inviting users to click on a suspicious "Mint RTEKT Now" link. However, this is just a trap, directing to a malicious website to steal wallets and personal information.

The fake invitations look authentic, with a thank you for participating in the OpenSea community and a warning about an upcoming event. The forged emails also contain a signature that claims to be from OpenSea, as well as a copyright notice. However, experienced users have identified a number of signs that point to a scam.

OpenSea, as the largest NFT platform, is being targeted by scammers because of its popularity. The trading platform has previously faced similar attacks, most notably in November last year and in February 2022. At that time, the community was subjected to fraud attempts through fake emails and phishing attacks, leading to millions of dollars in NFT losses.

To prevent the spread of such attacks, OpenSea recommends users to be extremely vigilant and not be tempted to click on suspicious links. The community is also encouraged to report deceptive emails to email providers or social platforms. All of this is a reminder that in the world of cryptocurrency trading, mindfulness is important to avoid financial loss and damage from fraudulent schemes.

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