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A misleading priority withdrawal scam is faced by FTX clients.

A misleading priority withdrawal scam is faced by FTX clients.

Reports have flooded in from FTX users, claiming they’ve fallen victim to deceitful emails purportedly originating from FTX Trading, West Realm Shires Services, and FTX EU. What’s causing a stir in the FTX community is the emergence of a withdrawal scam targeting its users. Sunil, a prominent figure in the FTX community and a staunch advocate for creditors, took to X (formerly Twitter) to sound the alarm about this phishing scheme. His message was clear: FTX account holders should exercise extreme caution and steer clear of any suspicious links.

Sunil’s post on X serves as a stark reminder of the ever-shifting tactics deployed by online scammers, always one step ahead.

Intriguingly, FTX users are finding their inboxes cluttered with deceptive emails, seemingly sent by FTX Trading, West Realm Shires Services, and FTX EU. These fraudulent messages tantalizingly promise FTX creditors an exclusive opportunity for immediate asset withdrawals, sidestepping the arduous waiting periods and legal entanglements. One such email, dripping with false sincerity, declares:

“Dear esteemed priority clients of FTX Trading Ltd., West Realm Shires Services Inc., and FTX EU Ltd., we are thrilled to unveil a special opportunity effective today, October 20, 2023. As a valued priority client, you can now expedite the asset withdrawal process on the FTX platform and have your funds transferred directly to your wallet, obviating the need for any waiting period or legal complications.”

These emails zero in on users yearning to retrieve their assets amidst the ongoing legal fracas involving Sam Bankman-Fried, the former CEO of the exchange.

Remarkably, this scam reared its head shortly after FTX creditors achieved a significant milestone, heralding the resolution of customer property disputes. Pending approval from a bankruptcy court, the revised plan paints an optimistic picture, promising substantial relief for FTX’s global customer base. According to the proposal, customers stand to recoup over 90% of the distributable value.

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