![Coordinated Phishing Scam Targets Web3 Market, Resulting in $580K Loss](https://metanews.com/wp-content/uploads/2024/01/23323481-BD32-4F54-B9F2-B5404BDD9C3C-300x169.jpeg)
Coordinated Phishing Scam Targets Web3 Market, Resulting in $580K Loss
A coordinated phishing attack targeted the cryptocurrency market, resulting in losses exceeding $580,000. On-chain sleuth ZachXBT claims that suspicious users received emails imitating web3 businesses like CoinTelegraph, Token Terminal, and Wallet Connect. The emails tricked users into clicking “airdrop claim”