The perpetrators are making phone calls pretending to be from Monex, the company has warned.
Japanese online broker Monex Group, owner of hacked cryptocurrency exchange Coincheck, warned of a new scam claiming to be related to its business in a news release on Jan. 28.
The scam, about which only brief details have been released, involves potential victims receiving calls from an entity dubbed “Monex Coin Management.”
They are then invited to call a form of automated trading system linked to Monex, the release states, something that does not exist in practice.
“The Monex Group and (subsidiaries) do not have any relation with the above company,” it confirms.
Such illicit activity remains commonplace for major exchanges and trading platforms as criminals seek to target entry-level users with a view to stealing crypto holdings they store in hot wallets.
Coincheck, the exchange which Monex acquired in April 2018, previously suffered at the hands of bad actors after a giant $530 million hack months earlier.
As part of its rescue deal, Monex secured the exchange a license to operate from Japanese regulators earlier this month, having previously begun refunding victims of the hack.
Source: Cointelegraph
The XRP Ledger (XRPL) is set to undergo a series of substantial enhancements that promise…
Data shows the Bitcoin Open Interest as a percentage of its market cap has been…
Michael Saylor, the tech entrepreneur who steered MicroStrategy into a Bitcoin behemoth, is back in…
Solana (SOL) is currently up by 4% after jumping from $142 to $148 in the…
On Wednesday, ETH, the native coin of the Ethereum blockchain experienced a significant rejection at…
Arthur Hayes, the co-founder and former CEO of BitMEX, recently shared his thoughts on the…