Singapore police and the Cyber Security Agency said a cryptocurrency scam tied to fake job offers and compromised software systems caused losses of $11.8 million, according to CNA. The operation allegedly involved scammers posing as recruiters for crypto companies on LinkedIn, sending emails from spoofed domains, and conducting video interviews to build credibility. Victims were then persuaded to download malware onto company devices as part of a supposed technical test. Authorities said the malware allowed the attackers to steal session tokens, bypass multi-factor authentication, and ultimately move cryptocurrency out of the victims’ accounts. The case links social engineering with technical intrusion, using a hiring workflow to gain access to corporate devices and sensitive account sessions.
A cryptocurrency scam involving fake job offers and compromised software systems caused $11.8 million in losses, the Singapore Police Force (SPF) and the Cyber Security Agency of Singapore (CSA) said, according to CNA.
The agencies said the group posed as recruiters for crypto companies on LinkedIn, used spoofed domains to send emails, and carried out video interviews. Victims were then persuaded to download malware onto company devices as part of a supposed technical test.
The attackers stole session tokens, bypassed multi-factor authentication, and ultimately transferred cryptocurrency, the agencies said.
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