QI Quadriga Initiative

Oct 2020 - Curve Finance Google Phish - $231k (Global)

"Recently, a user suffered a phishing attack while visiting the Curve exchange website, and lost 20 Bitcoins. It is reported that the fraud group used the Google advertising system to purchase Google search ads, pretending to be the Curve exchange for fraudulent advertising. Due to google’s new advertising program, ads are usually displayed in the first place in search, which has caused many users to be deceived."

Further Analysis

A user was tricked after visiting what they believed to be the Curve Finance website through a Google advertisement. They permanently lost 20 BTC.

How Could This Have Been Prevented?

More Cryptocurrency Exchange Hacks/Scams/Frauds

Wine Swap Exit Scam > > < < Beer Garden Finance Exit Scam

Sources/Further Reading

SlowMist Hacked - SlowMist Zone (Jun 26)
https://coinmarketcap.com/currencies/bitcoin/ (Dec 7)


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