Stargate used voting for a $43k phishing attack

crypto.news

2023-12-04 11:44:15

An unknown person posted an announcement about a Stargate vote that contained a phishing link.

More than 1,000 people became victims of the scammer, experts from the PeckShield platform report.

The incident was reported by the moderator of the Discord channel of the LayerZero project. He noted that the attacker bought 50,000 STG to gain access to create a voting proposal on the Snapshot site. After that, he published an announcement about the launch of the first phase of gSTG token distribution.

The advertisement contained a phishing link that led to a fraudulent website. More than 1,000 users followed it, the source notes.

As a result of the incident, the scammer took possession of more than $43,000 in assets. At the time of writing, the wallet balance continues to grow and has already reached $63,000, according to DeBank. The address contains over 17,700 ARB, 4587 OP, 2.65 ETH and some other assets.

On Dec. 1, 2023, the Starknet L2 network team confirmed a snapshot for the airdrop. Project participants also called on the community to beware of fraud associated with the distribution of screenshots and possible speculation around the upcoming launch of the token.

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