Hackers carry out a large-scale phishing attack due to the fake bankruptcy of Gemini crypto exchange

A new wave of fraud has been detected in the cryptocurrency community, with users receiving fake emails with false messages about the alleged bankruptcy of the Gemini crypto exchange. According to Coinpedia, the messages come from suspicious addresses and contain statements about a fictitious hack of the exchange’s cold storage in 2024, which allegedly resulted in the theft of $ 1.2 billion.

The fraudsters also spread fake information about alleged «operational and regulatory difficulties» that forced Gemini to enter bankruptcy proceedings. These claims have no verification from the company itself or official sources.

Security experts urge users to be especially cautious and not to open links from such emails. This is a classic phishing attack aimed at gaining access to personal data or finances of crypto exchange users.

Gemini, one of the leading U.S. digital asset exchanges, has not yet reported any security incidents or financial difficulties. In such situations, it is always worth checking information directly through the company’s official channels.

Given the constant increase in the number of cyber threats in the crypto sector, experts recommend applying basic principles of information hygiene: use two-factor authentication, do not open suspicious emails, and always check URLs before entering exchange websites.