Cryptorias

FTX customers encounter fraudulent priority withdrawal scam

FTX customers encounter fraudulent priority withdrawal scam

FTX users have been targeted in a withdrawal scam, with deceptive emails claiming to be from FTX Trading, West Realm Shires Services, and FTX EU. These emails falsely offer FTX creditors the opportunity for immediate asset withdrawals, bypassing waiting periods and legal proceedings. Users are warned to avoid clicking on dubious links and to be cautious of phishing scams. The scam comes amidst ongoing legal disputes involving Sam Bankman-Fried, the former CEO of FTX. However, FTX creditors have recently achieved a milestone by resolving customer property disputes, with customers expected to receive over 90% of the distributable value pending approval from a bankruptcy court.

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