MicroStrategy, a business intelligence firm, has fallen victim to a hacking incident where its account was compromised and used to post malicious links. These links led users to a fake MicroStrategy webpage that prompted them to connect a wallet and claim a fake token called MSTR. By accepting the permissions in their Web3 wallet, users unknowingly allowed the attackers to drain the tokens from their wallets.
Independent investigations have revealed that the losses from this scam have already reached over $440,000. One user alone lost $420,000 to the phishing scam shortly after the first malicious link was posted. The victim lost a significant amount of altcoins, with some transfers going to the MicroStrategy attacker and others being redirected to a wallet associated with the notorious hacking group PinkDrainer.
The MicroStrategy attacker’s wallet currently holds approximately $329,000 worth of Ethereum-based tokens. This incident has raised eyebrows in the crypto industry, as it seems unlikely that MicroStrategy, a company focused solely on Bitcoin, would launch a token on Ethereum.
It is important to note that this article has been updated to provide more information about the MicroStrategy attacker.