Be careful: No, Fantom Foundation does not plan to reward those affected by the Multichain incident with FTM tokens.
As the cryptocurrency segment recovers from another nine-figure theft of bridge infrastructure, criminals are trying to defraud victims for a second time. Despite Elon Musk's alleged blocking of Twitter bots, they have been successful in spreading fraudulent activities by activating thousands of accounts.
"Please do not try to request the 'urgent' FTM airdrop"
Starting on July 7, 2023, a fake “emergency distribution” campaign began to run rampant on crypto Twitter. Scammers are pretending to be representatives of the Fantom Foundation, the nonprofit behind Fantom (FTM), a high-performance blockchain protocol.
Scammers claim to be distributing FTM reserves to victims affected by the recent hack of the Multichain bridge infrastructure. Yesterday, due to malicious activity, the protocol asked all users of its Fantom-based mechanisms to withdraw their assets and revoke confirmations.
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The account created by the scammers was designed to impersonate Fantom Foundation's legitimate Twitter page. This fake campaign is heavily supported by Twitter bots.
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In the last few hours, the announcement, which included an invitation to a fake cashback program and a phishing link, was retweeted more than 6,000 times.
The Most Suspicious Crypto Theft of 2023
Besides this, the announcement was viewed more than 43,000 times and was bookmarked by some users. Each message of the account is powered by bots powered by avatars of high-end NFTs.
On July 7, 2023, “suspicious activity” was noticed in the Phantom-based component of the Multichain bridge infrastructure. Fraudsters siphoned over $102 million from assets.
Multichain had been hacked several times before: After the last hack attempt, the team admitted that its CEO was missing and no one could access the infrastructure servers.
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