LocalBitcoins Users Scammed of Bitcoin in Phishing Attack, Forum Suspended

LocalBitcoins Users Scammed of Bitcoin in Phishing Attack, Forum Suspended


Users of the peer-to-peer OTC Bitcoin trading service LocalBitcoins have been targeted by cyber criminals as part of a phishing scam, resulting in the user’s Bitcoin being stolen.

Forum users were being redirected to a phishing site, which was prompting the users to input two-factor authentication codes that were used to access user accounts and empty them of all their Bitcoin.

LocalBitcoins Forum Compromised, Reddit Users Report

According to a PSA on Reddit posted bu u/bitcoinbabeau, LocalBitcoins has been compromised and the site’s forum landing page has been redirecting users to a phishing site. Once at the phishing site – designed to closely mimic the actual LocalBitcoins forum in order to dupe users users were prompted to login and enter sensitive two-factor authentication codes.

After the hackers gained access to the user’s sensitive account data, the accounts were then emptied of all Bitcoin.

Related Reading | ShapeShift Phishing Site Advertisement Tops Google Search Results

LocalBitcoins has “temporarily disabled” its forum according to the splash page message. The message also directs users to the LocalBitcoins sub-reddit, where horror stories are already being shared.

“Yeah I think I was the first to get cleaned out. 0.14btc. 5 victims going to one wallet. And that’s just one wallet we know about that belongs to the attacker,” reported u/tefl0ncc. 

Another user claimed to be cleaned out of 11 BTC total.

One user posted the hacker’s wallet address, which appears to have only stolen 7.95 BTC across 5 transactions. This already amounts to over $28,000 in Bitcoin. However, additional wallet addresses may be involved considering the report of 11 BTC being stolen from another user.

LocalBitcoins Phishing Attack: Was DNS Spoofing to Blame?

As of the time of this writing, LocalBitcoins has yet to comment on the matter, but do appear to be aware of the situation considering their prompt response in taking down the forum.

How the attack occurred isn’t yet clear, however, it appears to be a fairly common DNS spoofing attack. Hackers use DNS spoofing to maliciously redirect users from one site to a fake one, usually designed to – just like in the case here with LocalBitcoins – steal user’s sensitive personal information, and use it to access the user’s accounts.

Reddit users also suggest that the hacker “used some sort of script to use the 2FA code entered by the user to withdraw the bitcoin.”

Related Reading | New Blockchain.info Phishing Email Threatens BTC Users

Last year, the popular Ethereum and ERC-20 token wallet MyEtherWallet was also targeted in a DNS spoofing attack. Users then logged into the fake site they were redirected to, allowing hackers to gain access to their funds.

Users can protect themselves by always double-checking the URL of the page they are currently on, and should always look for the lock next to the URL indicating that the page has a secure connection.

The post LocalBitcoins Users Scammed of Bitcoin in Phishing Attack, Forum Suspended appeared first on NewsBTC.

25 thoughts on “LocalBitcoins Users Scammed of Bitcoin in Phishing Attack, Forum Suspended

  1. [url=https://paydayloans.us.com/]large loans[/url] [url=https://loanpayday.us.org/]payday loan online[/url] [url=https://cash-advance.us.org/]lending companies[/url] [url=https://onlineloansnocreditcheck.us.com/]loan no credit check[/url] [url=https://loans-forbadcredit.us.com/]loans for bad credit[/url] [url=https://loans-online.us.org/]online loans no credit check[/url]

  2. [url=https://personalloansforpeoplewithbadcredit.us.com/]personal loans bad credit[/url] [url=https://onlineloansnocreditcheck.us.com/]easy loans no credit check[/url] [url=https://loan2019.us.com/]loan[/url] [url=https://paydayloans.us.com/]payday loans[/url] [url=https://cash-advance.us.org/]christmas loans for bad credit[/url]

  3. [url=https://wellbutrin150.com/]wellbutrin 150 mg[/url] [url=https://levitra911.com/]levitra[/url] [url=https://allopurinol100.com/]allopurinol 300 mg[/url] [url=https://genericpropeciaonline.com/]propecia pill[/url] [url=https://sildenafilcitrategenericviagra.com/]sildenafil citrate generic[/url]

  4. [url=https://onlineloansnocreditcheck.us.com/]get a payday loan online[/url] [url=https://loanpayday.us.org/]loan payday[/url] [url=https://personalloansforpeoplewithbadcredit.us.com/]cheap personal loans[/url] [url=https://paydayloans.us.com/]payday loans no checks[/url] [url=https://installmentloansforbadcredit.us.org/]consumer payday loans[/url]

  5. [url=https://stromectol3.com/]stromectol 3mg[/url] [url=https://acyclovirzovirax.com/]valacyclovir no prescription[/url] [url=https://lisinopril10.com/]lisinopril 10mg[/url] [url=https://metforminhcl500.com/]metformin hcl[/url] [url=https://proscargeneric.com/]where to buy proscar[/url]

  6. [url=https://stromectol3.com/]where to buy stromectol[/url] [url=https://metforminhcl500.com/]metformin hcl[/url] [url=https://lisinopril10.com/]lisinopril 10mg[/url] [url=https://acyclovirzovirax.com/]generic acyclovir[/url] [url=https://proscargeneric.com/]generic proscar[/url]

  7. [url=http://loanpayday.us.org/]payday loans[/url] [url=http://personalloansforpeoplewithbadcredit.us.com/]personal loans for people with bad credit[/url] [url=http://loan2019.us.com/]loan[/url] [url=http://cash-advance.us.org/]fast cash advance[/url] [url=http://paydayloans.us.com/]guaranteed payday loans[/url] [url=http://loans-forbadcredit.us.com/]same day loans no credit check[/url] [url=http://loans-online.us.org/]cash loans online[/url] [url=http://onlineloansnocreditcheck.us.com/]online loans no credit check[/url] [url=http://installmentloansforbadcredit.us.org/]installment loans for bad credit[/url] [url=http://advanceloan.us.com/]online personal loans[/url]

  8. [url=https://acyclovirzovirax.com/]zovirax[/url] [url=https://metforminhcl500.com/]metformin hcl 500 mg without prescription[/url] [url=https://lisinopril10.com/]lisinopril 40 mg[/url] [url=https://proscargeneric.com/]proscar buy[/url] [url=https://stromectol3.com/]stromectol[/url]

  9. [url=https://lisinopril10.com/]lisinopril generic[/url] [url=https://proscargeneric.com/]proscar buy[/url] [url=https://stromectol3.com/]buy stromectol online[/url] [url=https://acyclovirzovirax.com/]acyclovir online pharmacy[/url] [url=https://metforminhcl500.com/]metformin hcl[/url]

  10. [url=https://stromectol3.com/]stromectol online[/url] [url=https://proscargeneric.com/]buy proscar[/url] [url=https://metforminhcl500.com/]ordering metformin on line without a prescription[/url] [url=https://lisinopril10.com/]lisinopril[/url] [url=https://acyclovirzovirax.com/]generic aciclovir[/url]

  11. [url=https://proscargeneric.com/]proscar[/url] [url=https://lisinopril10.com/]lisinopril 10mg[/url] [url=https://metforminhcl500.com/]metformin hcl[/url] [url=https://stromectol3.com/]stromectol[/url] [url=https://acyclovirzovirax.com/]zovirax cost[/url]

  12. [url=https://loans-online.us.org/]cash loans online[/url] [url=https://loans-forbadcredit.us.com/]online loans for bad credit[/url] [url=https://personalloansforpeoplewithbadcredit.us.com/]personal loans bad credit[/url] [url=https://loan2019.us.com/]best payday loan lender[/url] [url=https://loanpayday.us.org/]loans dallas tx[/url] [url=https://onlineloansnocreditcheck.us.com/]online loans no credit check[/url] [url=https://cash-advance.us.org/]fast money online[/url] [url=https://advanceloan.us.com/]advance loan[/url] [url=https://installmentloansforbadcredit.us.org/]installment loans for bad credit[/url] [url=https://paydayloans.us.com/]payday loans no credit[/url]

  13. [url=https://indocinindomethacin.com/]generic indocin[/url] [url=https://furosemide20.com/]buy furesimide[/url] [url=https://buyzithromaxonline.com/]zithromax azithromycin[/url] [url=https://buystromectolonline.com/]cheap stromectol[/url] [url=https://ataraxgeneric.com/]atarax[/url]

  14. [url=https://onlineloansnocreditcheck.us.com/]loans with no credit check[/url] [url=https://loanpayday.us.org/]calculate interest on loan[/url] [url=https://paydayloans.us.com/]payday loans[/url] [url=https://advanceloan.us.com/]payday advance loan[/url] [url=https://loans-online.us.org/]loans online[/url]

  15. [url=http://loans-online.us.org/]need cash fast[/url] [url=http://installmentloansforbadcredit.us.org/]installment loans for bad credit[/url] [url=http://onlineloansnocreditcheck.us.com/]quick cash loans no credit check[/url] [url=http://loans-forbadcredit.us.com/]no fax payday loans online[/url] [url=http://loan2019.us.com/]loan[/url] [url=http://loanpayday.us.org/]payday loans in houston texas[/url] [url=http://cash-advance.us.org/]online cash advance[/url] [url=http://personalloansforpeoplewithbadcredit.us.com/]payday loans illinois[/url] [url=http://advanceloan.us.com/]online payday loans kansas[/url] [url=http://paydayloans.us.com/]payday loans no credit check[/url]

Comments are closed.