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Fake LinkedIn crypto job scams in Singapore have cost $11.8M

The phishing operation used a malware payload that harvested a session token to bypass multi-factor authentication and access a code repository, according to Decrypt.

Reported · Written up by our desk · Regulation

Decrypt reports that fake LinkedIn job scams targeting crypto roles in Singapore have caused losses totaling $11.8 million.

The scheme involved tricking victims with a bogus coding assessment, during which malware was planted.

According to Decrypt, the malware harvested a session token that could be used to bypass multi-factor authentication, enabling attackers to reach a code repository.

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