Think you're good at spotting a phishing email? Well, this one raises the bar. Many will fall for it. https://t.co/lVNmYMyx52
Text scams cost consumers $470M in 2024: FTC https://t.co/gv8wZLJta8
Text scams cost consumers $470M in 2024: FTC https://t.co/gTk2mqhuhF
Phishing attacks are becoming increasingly sophisticated, with recent incidents targeting users through deceptive text messages and emails. Notable cryptocurrency platforms like Gemini and Coinbase have been impersonated in these scams, aiming to extract sensitive account information or seed phrases from unsuspecting victims. A particularly advanced phishing attack was reported by ENS developer Nick Johnson, exploiting a vulnerability in Google's infrastructure. This scam used an OAuth quirk to produce signed emails and a fake Google-styled portal to harvest passwords and data. Despite the issue being reported, Google has pledged a fix, but the vulnerability remains, raising concerns about future attacks. The Federal Trade Commission (FTC) reported that text scams cost consumers $470 million in 2024, highlighting the significant financial impact of these fraudulent activities. Additionally, Americans received 19.2 billion spam texts in March 2025, many of which were from fraudsters. It is crucial for individuals to stay vigilant, educated, and safe to protect themselves from these scams.
