Scam Alert: Avalanche (AVAX) Hack Victims Targeted by Solana (SOL) Impersonators
The recent hack of the Avalanche (AVAX) network has left many users in a state of panic and confusion, as they try to recover their funds and protect their accounts. However, some of them are falling prey to another scam, as they are being contacted by Solana (SOL) impersonators who claim to offer assistance and compensation.
According to a report by Crypto Briefing, the scammers are using fake Twitter accounts and Telegram groups to lure the victims of the Avalanche hack. They pretend to be representatives of the Solana Foundation or the Solana Labs team, and offer to help the users restore their access to their wallets and recover their lost tokens.
The scammers also promise to compensate the users with free SOL tokens, as a gesture of goodwill and solidarity. They ask the users to provide their wallet addresses and private keys, or to send a small amount of SOL to a specified address, in order to verify their identity and eligibility.
However, this is a classic phishing scheme, as the scammers are trying to steal the users’ funds and personal information. Once they obtain the wallet addresses and private keys, they can access the users’ accounts and drain them of their remaining assets. Alternatively, if the users send SOL to the scammers’ address, they will never receive anything in return.
The Solana Foundation has issued a warning on its official Twitter account, urging the users to be vigilant and avoid falling for such scams. The foundation stated that it has no affiliation with the Avalanche network or the hack incident, and that it will never ask for users’ private keys or funds.
The foundation also advised the users to report any suspicious accounts or messages to Twitter or Telegram, and to contact its official support channels for any queries or issues.
The Avalanche hack occurred on September 23, when an unknown attacker exploited a vulnerability in the network’s cross-chain bridge, which allows users to transfer tokens between different blockchains. The attacker managed to steal over $22 million worth of AVAX, ETH, USDT, LINK, and other tokens from the users’ wallets.
The Avalanche team has since patched the vulnerability and restored the bridge functionality. The team has also launched an investigation into the incident and promised to work with law enforcement agencies and other partners to track down the hacker and recover the stolen funds.