'Wallet Access Connect' Scam Targets Cryptocurrency Users

'Wallet Access Connect' Pop-Ups are part of an online scam that targets cryptocurrency investors. Since this market has been booming in the past year, more and more con artists are trying to scam the newcomers. This specific scam tries to convince users that their wallet needs to be verified and connected in order to continue. The fake website may be promoted through fake giveaways, shady ads, and other misleading content that users may encounter in various cryptocurrency spaces – such as Twitter.

The 'Wallet Access Connect' Pop-Ups try to convince users to provide their wallet's recovery phrase to the criminals. We assure you that this is not safe – you should never provide your wallet recovery phrase to anyone. If someone gets their hands on this piece of information, they could connect to your wallet and transfer out all your assets. The 'Wallet Access Connect' Pop-Ups scam seems to target users of a wide range of cryptocurrency wallets such as MetaMask, Phantom, and others. If you ever encounter a website that asks you to provide sensitive data such as your wallet recovery phrase, you should leave immediately – it is a scam.

January 25, 2022
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