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    Home»Web3»Hypersfare Partner Loses Life Savings in Zoom Scam
    Web3

    Hypersfare Partner Loses Life Savings in Zoom Scam

    PineapplesUpdateBy PineapplesUpdateJune 19, 2025No Comments3 Mins Read
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    Hypersfare Partner Loses Life Savings in Zoom Scam
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    Mehdi Farooq, an investment partner at Crypto Venture Capital firm Hypersfare, revealed on Thursday that he lost an important part of his life saving in a targeted fishing attack orcorated through a fake zoom call.

    One in Post On X, Farooq reported that the attack began with a message on Alex Lynn’s Telegram, which he knew. “He wanted to catch,” said Farooq.

    Both of them had a conversation earlier, causing the outreach regularized. Farooq then shared his calendal link with Lynn, which set a meeting for the next day.

    First minute from Scheduled Call, Lynn asked to switch to the “zoom business” to “compliance reasons”, saying that his LPS, Kent, another familiar name, would be included. Given that Farooq was managing Treasury deals, the request did not increase doubt.

    Connected: Investor loses $ 2.6m in zero-conversion fishing scam

    Zoom update prompts lead to full wallet drain

    Farooq said that he joined the Scheduled Zoom Call, to find out that there was no audio, although the two participants appeared on the screen. In chat, he instructed her to update the zoom to fix the problem. Shortly after running the update, their system was compromised.

    “Six wallet drought (my mistake for not having more buttons). My laptop compromised completely,” he wrote.

    Hypersfare Partner Loses Life Savings in Zoom Scam
    Farooq faces issues with audio during a fake zoom call. Source: Farooq

    Farooq said that while the attack was going on, the copyer continued the conversation on Telegram as if nothing was wrong. “He even joked: ‘Let’s catch the SG.” Hackers eventually “years of savings in minutes …” drought.

    He later came to know that Alex Lynn’s real account was kidnapped. According to Farooq, the attack was associated with a danger -related actor associated with North Korea, known as “Denkasword”.

    Earlier this year, Farooq became involved As an investment partner, Hypersfare focuses on the opportunities of liquid and enterprise. He spent almost three years in the first Animoka brands.

    Cointelegraph reached Farooq for comment, but did not receive a reaction by publication.

    Connected: Fishing scam 2024 top crypto security threat – Certificate

    Fishing attacks target crypto professionals

    Crypto professionals lead to violations amid growing refinement of phishing attacks targeting professionals.

    Last month, Bitgo CEO Mike Belshe revealed that the scammers crypto users who impose hardware wallet makers laser are mailing fake letters, urging them to “valid” their wallets or lose the risk of losing access to funds. Letters sent via USPS have the possibility of QR code that leads to fishing sites.

    In April, $ 330 million in bitcoin (BTC) was stolen from an elderly person through a fishing attack, Onchain Detective Zackxbt Confirmed,

    magazine: Bitcoin’s invisible tug-off-wor