FTX Creditors: Phishers Want Your Crypto, Don’t Fall for Their Bait! 🎣💰

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Well, butter my biscuit and call me surprised-the folks over at bankrupt crypto exchange FTX are waving their arms like they’re flagging down a taxi, warning creditors about phishing scams. 🦈🚨 Apparently, these scammers are out here trying to ruin everyone’s day, just as FTX Recovery Trust starts handing out its third round of settlements post-2022 meltdown. Because, you know, 2022 wasn’t dramatic enough already. 🎭💸

Scammers on the Prowl: FTX Creditors, Beware the Phishy Waters! 🐟

According to reports by Bitcoinist (yes, that’s a real thing), FTX kicked off a $1.6 billion payout to creditors on September 30. 🎉🤑 The lucky recipients? US customers, international customers, and the “generally unsecured creditors” club. Because nothing says “I’m sorry for losing your money” like a multi-billion-dollar payout, right? 😏

But here’s the kicker: to get their hands on the cash, creditors had to jump through verification hoops, with payments supposedly finalized within three business days. Easy peasy, lemon squeezy? Not so fast. On October 3, FTX’s X account (yes, they’re still on social media) dropped a bombshell warning about phishing emails targeting creditors. 🧨📧

The warning went something like this:

“Hey, don’t click on those shady emails pretending to be from Kroll or the FTX Recovery Trust. And if you see a link that looks like our customer portal but smells like a scam, run. Also, we’ll never ask you to connect your wallets. Like, ever. 🚫🦄”

Turns out, these phishing emails were masquerading as Kroll Restructuring Administration or the FTX Claims Department. 🕵️‍♂️✉️ They were all like, “Hey, click here to access your funds!” but really, they were just trying to steal your crypto. Classic. One of the emails even said:

“Kroll is giving you 118-142% of your claim value because we found a bunch of money under the couch cushions. To get it, just click this sketchy link and hand over all your personal info. What could go wrong? 🤡💸”

For those living under a rock, phishing scams are basically digital con artists trying to trick you into giving up your passwords, credit card info, or crypto keys. And according to ScamSniffer (yes, that’s also a real thing), these scams cost people $12 million in August alone. Yikes. 😱💸

The Settlement Saga Continues… 🎬💼

After FTX’s epic collapse in 2022, the restructuring team got to work, earmarking $16.5 billion for creditors. Fast forward to September 30, and over $7.8 billion has been distributed. 🎊 But here’s the twist: smaller claims under $50,000 got overcompensated by 120%, while larger claims got a measly 72.5%. Fair? Maybe not. But hey, it’s crypto-what did you expect? 🤷‍♀️✨

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2025-10-05 18:29