Slow Fog CISO: Beware of withdrawal verification code scams, with victims already losing $1.1 million

ChainCatcher news, according to a disclosure by Slow Mist's Chief Information Security Officer @im23pds on X platform, a cryptocurrency user fell victim to a "withdrawal verification code" scam, resulting in losses of up to $1.1 million.

The scam method is as follows: the victim receives a text message disguised as a trading platform, claiming that someone has requested a withdrawal verification code and providing a phone number for contact. When the victim calls back, the scammer claims there is a security vulnerability in the system that requires implementing security restrictions. Subsequently, another scammer impersonating a Ledger employee calls, luring the victim to visit a phishing website under the pretext of resolving the security issue, ultimately leading to asset theft.