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ZachXBT: Scammers are impersonating a16z team members in social engineering attacks

ZachXBT: Scammers are impersonating a16z team members in social engineering attacks

CointimeCointime2024/06/12 15:46
By:Cointime

ZachXBT posted on social media that his fans fell victim to a social engineering attack by someone posing as a member of the a16z team, resulting in a loss of $245,000 after inadvertently downloading malicious software onto their computers.The fraudsters claimed to be Peter Lauten of the a16z team and sent messages to a project team enquiring about potential podcast collaborations.The real Peter Lauten had previously changed his X (Twitter) handle from "peter_lauten" to "lauten," but a16z's website still lists his old handle, and several posts from the a16z X account also @'d his old username. The victims were unaware of this and were subsequently targeted in a social engineering attack, which installed a fake conference app called "Vortax" on their devices, which was actually malicious software.

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