Crypto News

CoinDCX CEO Issues Dire Warning About WazirX Phishing Scams

Author : Renuka K

CoinDCX CEO Sumit Gupta has issued a stark warning about a phishing scam targeting WazirX users following a $230 million hack. The scam involves fake compensation emails that appear official but aim to steal sensitive information. The emails claim to offer reimbursement through a new token, WZA, and prompt users to connect their wallets to unauthorized sites. Gupta urges users to verify communication authenticity and avoid falling for these phishing attempts. WazirX and other security experts are also cautioning users to stay vigilant.

Disclaimer: Please note that the information provided in this article is based on the referenced research articles. It is essential to conduct further research and analysis before making any investment decisions. The cryptocurrency market is highly volatile, and investors should exercise caution and consult with financial professionals before engaging in cryptocurrency trading or investment activities.