CertiK and ZachXBT impersonators stole over $300k in crypto

16 November 2023

in BNB

Reading Time: 2 mins read

Fraudsters have created multiple fake accounts on X, impersonating crypto scam investigators CertiK and ZachXBT.

Scammers are now cloning legitimate crypto investigators by impersonating them on X to defraud victims.

Crypto sleuth ZachXBT has warned users in an X post on Nov. 15, saying a “large network of bot accounts” has started impersonating crypto detectives on the social network. As per ZachXBT’s calculations, scammers have stolen more than $300,000 worth of crypto within a few days.

A large network of bot accounts impersonating users like myself on X/Twitter has resulted in $305k+ stolen over the past few days.

They even tricked Dexerto into accidentally making an article/post promoting the scam.

The scam worked by having impersonators post about a fake… pic.twitter.com/lde4CXHjK5

— ZachXBT (@zachxbt) November 15, 2023

ZachXBT also warned that unsuspecting victims might click a phishing link, allowing scammers to drain their assets from their non-custodial wallets. As noted by BleepingComputer, the scammers have already created many fake accounts, pretending to be blockchain analytics firm CertiK and Scam Sniffer.

In their posts on X, bad actors are trying to lure victims, saying there are security breaches on the decentralized exchange Uniswap and non-fungible tokens (NFTs) marketplace OpenSea. To scale the scam, fraudsters distribute posts on X with hashtags like #UniswapExploit.