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MetaMask Scammers Target Government Websites
09/05/2023

MetaMask Scammers Target Government Websites

09/05/2023
4,2

MetaMask scammers don't slumber and look for new ways to lure victims. This time, fraudsters are using government websites to place fake links and get access to crypto wallets.

Scammers often use the MetaMask cryptocurrency wallet to access users' funds fraudulently. Cointelegraph found out that a new method of attackers was placing MetaMask links on some countries' government websites. Clicking would take the user to a fake site rather than the original one.

However, the security system alerted users of potential phishing. By ignoring the notification, the user unknowingly provided access to his wallet.

Despite frequent security issues, users continue to choose MetaMask. Last month, CoinGecko ranked MetaMask as the top hot wallet. More than 22.66 million users downloaded and installed the wallet.



Last week, MetaMask developer ConsenSys responded to the European Banking Authority's new ML/TF risk factors revisions. The EBA decided to broaden the scope of application to include crypto asset service providers. ConsenSys stressed that the use of wallets should not be considered an indication of risk, requiring the bank to perform increased due diligence on such a customer. In addition, the use of multiple addresses or wallets, according to ConsenSys, does not indicate money laundering.


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The materials found on the Cryptonica website shall not be taken as individual investment recommendations. The financial instruments or operations mentioned therein may not align with your investment profile or objectives. We assume no responsibility for any missing facts or inaccurate information in the texts. Cryptocurrencies are financial assets with high risk and volatility. Therefore, it is crucial that you conduct your own research on financial instruments and make independent decisions. Before engaging in any actions related to cryptocurrency, you shall study, understand, and comply with the laws applicable in your region and country.

MetaMask


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