Cisco technology conglomerate and Ukrainian police revealed a Bitcoin Ukrainian phishing network (BTC) who stole more than 50 million dollars over three years Talos was first alerted about the phishing threat on February 24, 2017, when a phishing plan based in Ukraine, COINHOARDER , targeted the blockchain.info wallet service through Google Ads that contained " gateway phishing links " and generated more than 200,000 customer search queries.

The Google Ads appeared to represent the true Bitcoin wallet of blockchain.info using domain names that closely resembled those of the official wallet, such as blockchein.info. The phishing sites themselves are also designed to match the actual website in all ways except for the domain name.

<img alt=" Blockchain "src =" http://cointelegraph.com/storage/uploads/view/52a929239fbfa8cfeaf10eb2f59447c0.png "title =" Blockchain "/>

Talos reports that COINHOARDER has started making his phishing site more legitimate over time by using unauthorized SSL certificates in combination with their "typosquatting", " spoofing," and "attacks of homographs.

Talos found that phishing targeted geographic areas where local currencies were unstable and English was not the region's first language, such as Nigeria and Ghana , for the victims were more likely to miss the slight differences in the field and SSL names.

Cisco's collaboration with the Cyber ​​Police of Ukraine helped them identify the address of the wallet, this about $ 10 million "alone was stolen during the monitoring of the activity of the portfolio from September to December 2017.

After the discovery of this phishing scheme to large scale, Cisco has started reporting related domains as suspicious to find and block other domains opened by the same registrant of the original site.

Talos Completes Report with List of IP Addresses Associated with Phishing Scams, as well as Ways for Cisco Clients to Protect Against

Crypto Phishing Scams on Twitter have become much more common, users creating fake accounts mimicking those of crypto elites like Charlie Lee or Vitalik Buterin, then promoting fake crypto gifts.