Experty ICO lost $150.000 in a spoofing attack

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2018-01-29
Experty ICO lost $150.000 in a spoofing attack

Experty creates a Skype-like voice and video calls application, with an capability to make secure payments via Blockchain.

Experty’s ICO was expected to launch at the end of January. Unknown threats were sent as Pre-ICO messages to all the Experty users that had signed up for email updates from the company.

The messages were not only grammatically inorrect and filled with poor spelling, but all promised users to invest within 12 hours, and they will receive bonus Experty tokens in exchange for their Ethereum. A wallet address was included, which was not connected with the company in any way.

Many users though, didn’t pay attention to all the suspicious details of the situation and made 74 transactions in ETH worth roughly $150,000.

Hackers got the list of emails as they compromised some reviewer from the Experty. It turned out, that the information was stolen from a computer belonging to a team member that was involved in handling an Experty Proof-of-Care review.

Experty announced that it will give 100 EXY tokens to everyone whose ETH address was stolen. But people who transferred ETH to the cyberattacker, will not be able to bring their money back.

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