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Fake Security Alerts Used as Bait
Blockchain security firm SlowMist has uncovered a new wave of phishing attacks aimed at MetaMask users. Scammers are creating counterfeit “security warning” pages that closely resemble official MetaMask notifications, making it difficult for users to distinguish real alerts from malicious ones.
The fake pages claim that the wallet is under threat and must be “verified immediately,” pushing victims to act without thinking.
Fake 2FA Verification as a Trap
Once users land on the phishing page, they are instructed to complete a so-called mandatory two-factor authentication process. This step looks legitimate but is entirely fabricated.
During the process, victims are guided through multiple steps that gradually normalize entering sensitive information.
Seed Phrase Theft Leads to Total Wallet Takeover
The final step of the scam prompts the user to input their seed phrase under the guise of restoring or protecting the wallet. As soon as the phrase is entered, attackers gain full control over the wallet and drain all assets within minutes.
Unlike typical password leaks, there is no way to recover funds once the seed phrase has been compromised.
How to Stay Safe
Users should remember that MetaMask and other wallet providers never ask for seed phrases, private keys, or recovery words under any circumstances. Any website requesting this information is guaranteed to be a scam.
It is strongly recommended to bookmark the official MetaMask website, double-check URLs, and avoid clicking wallet-related links from emails, ads, or pop-ups.
BTCUSA Insight
Phishing attacks are becoming more sophisticated, often blending social engineering with near-perfect interface clones. As DeFi adoption grows, wallet-level scams are now the primary attack vector, making user education just as critical as protocol security.