Crypto-Stealing Scam Targets Web3 Workers With Fake Meeting Apps

According to Cado Security Labs, Web3 employees are being targeted by a campaign that uses fake meeting apps to inject malware and steal credentials for websites, apps, and crypto-wallets. Scammers are leveraging artificial intelligence to create and populate websites and social media accounts to look like legitimate companies before reaching out to potential victims to prompt them to download a meeting app, explained Tara Gould, Cado’s threat research lead, in a report on Dec. 6.

The app, currently called 'Meetio,' has previously used names like Clusee.com, Cuesee, Meeten.gg, Meeten.us, and Meetone.gg. It contains a Realst info stealer and, once downloaded, searches for sensitive information such as Telegram logins, banking card details, and crypto wallet information to send back to the attackers.

Brooklyn DA shutters 40 NFT scam sites after artist loses $135K

Brooklyn’s District Attorney announced the closure of 40 fake non-fungible token (NFT) marketplace websites after an 85-year-old artist was swindled out of $135,000 by a fraudster.

The victim was approached on LinkedIn by someone pretending to be an art dealer who persuaded him to mint his artwork on a counterfeit NFT marketplace that looked like the New York-based OpenSea site, the DA’s office stated on Dec. 6.

He was later informed that he had made a $300,000 profit, but to access it, he needed to pay a $135,000 “fee,” which he gathered by liquidating his retirement account, using credit card payments, and taking out a loan.

He soon realized he would not receive the promised $300,000, leaving him “emotionally and financially devastated,” according to the DA’s office.

District Attorney Eric Gonzalez said the “tactics used in this case” led investigators “to a network of fake websites that specifically targeted artists.” “I hope that by shutting down these domains and raising awareness about this scam, we can prevent others from becoming victims.”

The Brooklyn District Attorney's Office stressed the significance of utilizing reputable NFT marketplaces for selling work and remaining vigilant against phishing attempts through email or fraudulent websites that mimic popular NFT marketplaces.

CoinDCX’s BitOasis receives full crypto license in Dubai

Dubai-based cryptocurrency trading platform BitOasis has obtained a new license in its home region after being acquired by Indian crypto exchange CoinDCX.

On December 9, BitOasis announced that it had received a full virtual asset service provider (VASP) license from Dubai’s Virtual Assets Regulatory Authority (VARA).

This acquisition of the full license represents the final step in BitOasis’ VARA licensing process, enabling it to offer a comprehensive range of crypto trading services, including buying, selling, and trading.

The company plans to start operating under the new license immediately, following its collaboration and compliance with Dubai authorities.