Swan Phishing Attempt \ stacker news ~bitcoin

1211 sats \ 14 comments \ @siggy47 9 Sep bitcoin

Unbelievable! I just received this email:

Urgent Action Required: SEC Lawsuit Dear Siggy the idiot old guy,

We are reaching out to inform you of an important regulatory change impacting Swan Bitcoin. Due to recent developments with the SEC, Swan Bitcoin is no longer able to store Bitcoin on centralized servers. As a result, we are transitioning all Bitcoin holdings to self-custody wallets.

This means that you need to withdraw your funds and secure them using a self-custody wallet. We have partnered with Coinbase Wallet, a leading self-custody wallet provider, to facilitate this transition.

Action Required: You have one week from the date of this notice to withdraw your Bitcoin and secure it in a self-custody wallet. After this period, we will no longer be able to guarantee the safety of your funds stored on our servers.

Please follow the instructions below to ensure your Bitcoin is safely transferred and secured. Your Recovery Phrase

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To secure your Bitcoin, follow these steps:

Download Coinbase Wallet: Visit the Coinbase Wallet website and choose the appropriate option for your device (Android, iOS, or browser extension).

Install and Open Coinbase Wallet: Follow the installation instructions specific to your device. Once installed, open the Coinbase Wallet app or extension.

Import Your Recovery Phrase: Select the option to import a wallet. Enter the Unique Recovery Phrase provided above exactly as shown.

Verify the Bitcoin Address: After importing the recovery phrase, check the Bitcoin address under the "Receive" tab. Ensure it matches the address provided to you bc1qmfvwt6udrgck33eyrf0shm00rytx8su20s3d3n .

Transfer Your Bitcoin: Log in to Swan Bitcoin, navigate to the withdrawal section, and transfer your Bitcoin to your new Coinbase Wallet address.

Keep Your Recovery Phrase Safe: Store your recovery phrase securely and never share it with anyone.

Please complete these steps within one week to ensure the safety of your funds. For assistance, visit our withdrawal guide or contact our support team. Get Started → Step-by-Step Guide to Securing Your Bitcoin Download Coinbase Wallet: Go to the Coinbase Wallet website and choose the appropriate option for your device. You can download the app for both Android and iOS, or install the browser extension for Chrome, Firefox, or other supported browsers. Install and Open the App/Extension: Follow the installation instructions specific to your device. Once installed, open Coinbase Wallet on your phone or browser. Import Your Recovery Phrase: Select the option to import a wallet. Enter the Unique Recovery Phrase provided above exactly as shown. Verify the Bitcoin Address: After importing the recovery phrase, check the Bitcoin address under the "Receive" tab. Ensure it matches the address provided to you bc1qmfvwt6udrgck33eyrf0shm00rytx8su20s3d3n . Transfer Your Bitcoin: Log in to Swan Bitcoin, navigate to the withdrawal section, and transfer your Bitcoin to your new Coinbase Wallet address. Keep Your Recovery Phrase Safe: Your recovery phrase is the key to your wallet. Make sure to store it securely and never share it with anyone. Again, please ensure these steps are completed within one week to secure your funds. If you need further assistance, please refer to our Help Center or contact our support team.

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240 sats \ 2 replies \ @DarthCoin 9 Sep

Human stupidity have no limits. And these people sending these phishing attempts are betting hard on human stupidity.

And to prove this, I will start a new series of posts on your "booksandArticles" territory with some chapters of a short book about human stupidity.

42 sats \ 1 reply \ @siggy47 OP 9 Sep

I look forward to reading it!

150 sats \ 0 replies \ @DarthCoin 9 Sep

Good PSA anyways.

46 sats \ 5 replies \ @siggy47 OP 9 Sep

Update:

I just got this from Swan: Fake Email Warning Don’t Withdraw to Coinbase Wallet Hi Siggy Dumoleguy,

We’ve received reports of a fake phishing email with the subject “Urgent Action Required: SEC Lawsuit.”

Please be advised: This email is not legitimate. There is no SEC lawsuit, and Swan has no affiliation with Coinbase Wallet. Swan will never ask you to withdraw your Bitcoin to any specific address.

TO BE CLEAR

Don’t download Coinbase Wallet. Don’t import the recovery phrase you’ve received in the email. Don’t withdraw Bitcoin to the address specified in the email you’ve received. WHAT DO TO NEXT

Ignore the phishing email. Report it as spam. Delete the email from your inbox. Stay Vigilant – How to Protect Yourself:

Always check the email address of the sender. Swan emails come from an email address ending with “@swanbitcoin.com.” Never move funds, Bitcoin or otherwise, at the direction of anyone other than yourself. Never add a wallet address to your account unless you created the wallet. Never share any security code received by text, email, or phone, with anyone for any reason. Never share your 12 or 24-word seed phrase, if a hacker has this they can take your Bitcoin. Always assume emails, texts, and phone calls asking for sensitive information or directing you to take urgent action are not genuine until proven otherwise. Contact companies only via officially listed email addresses and phone numbers. Thank you, Swan Security Team

P.S. Email addresses being targeted were likely obtained in 2022 during a wave of attacks against email communication vendors serving dozens of crypto and Bitcoin companies, including Swan.

64 sats \ 4 replies \ @MiddleWay 9 Sep

Yeah, but how did the scammers get your email and know about your Swan account? Judging by Swan's follow up, there are many cases like yours. My money is on data breach at Swan. Self custody and anonymity is the way.

21 sats \ 3 replies \ @siggy47 OP 9 Sep

My account has been closed for around a year and a half. They still got my email.

43 sats \ 2 replies \ @Bell_curve 9 Sep

My account is still active but I did not receive the initial email. I received email from swan warning about Coinbase wallet etc

21 sats \ 1 reply \ @siggy47 OP 9 Sep

Interesting.

43 sats \ 0 replies \ @Bell_curve 10 Sep

I checked my junk folder and no phishing email pretending to be swan

69 sats \ 1 reply \ @bitalion 9 Sep

The typical phishing email to steal your funds. I don't know how people still fall for this scam. None of these companies will ask for your passwords or your seeds. It would be necessary to see if there has been a security breach in the users' information for them to be receiving these emails.

0 sats \ 0 replies \ @Undisciplined 9 Sep

It's very difficult to break out of the trusting authority mindset and most people don't understand how anything works.

43 sats \ 0 replies \ @Fabs 10 Sep

Did they really provide a (their) withdraw address? Come on guys...

43 sats \ 0 replies \ @john_doe 10 Sep

Interestingly since the time I began using simplelogin to use proxy emails for each service I subscribe to, I noticed I don't receive spam anymore. I wonder why. For example I wonder if these spammers filter proxy emails before sending in bulk or if my emails are simply not yet included in their spamming list.

43 sats \ 0 replies \ @Satoshi__Nakamoto 10 Sep