Users of the Terra (LUNA) network and its various DeFi protocols, such as Anchor, Nexus, and Astroport, have been the target of a phishing attack using bogus Google ads
Crypto users of the Terra (LUNA) network and its various DeFi protocols, such as Anchor, Nexus, and Astroport, have become the target of a new phishing attack using bogus Google ads.
Slowmist’s team identified and highlighted the phishing attack, as well as explained that numerous users lost close to $4.31 million in assets between the 12th and 21st of this month. Furthermore, the funds were transferred from 52 different transactions to a single address.
The Malicious Terra Ads Look like Legitimate Google Ads
SlowMist’s team investigated the phishing attack and concluded that it was the result of Google ads that appear at the top of searches for Terra, Anchor Protocol, or Astroport Finance.
The Fake Google Ads Will Prompt You to Connect to Your Terra Wallet
According to the Slowmist team, the Google ads have links that appear to be normal. When clicked, however, they redirect to a different domain that prompts users to connect their wallets. The following is a tweet about how they described the sequence of events:
The SlowMist security team recommends users on the Terra blockchain be cautious and avoid clicking on any Google ad links or links with questionable sources. This will help reduces the likelihood of falling victim to phishing scams.