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PoisonSeed campaign hijacks business CRM and email accounts to send out huge amounts of spam

  • Hackers are stealing mailing lists from major companies and using them to break into people’s cryptocurrency wallets.
  • They set up spoofed landing pages and impersonate companies like Coinbase, Ledger, Mailchimp, etc., to harvest login credentials and mailing lists.
  • The hackers then send emails urging users to set up a new Coinbase Wallet using a seed phrase embedded in the email, and once users set up the wallet and transfer funds, the hackers can steal the money.
  • The campaign, called PoisonSeed, is reportedly the work of threat actors called Scattered Spider and CryptoChameleon, and victims may permanently lose their funds.

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