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Breaking News: Raydium DEX's AMM Program Exploited For $1.34 Million — Here's What Went Wrong
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Breaking News: Raydium DEX's AMM Program Exploited For $1.34 Million — Here's What Went Wrong

Pending Case Wallet Release Targeted by Scammers

Yashu Gola
Yashu Gola
Last Updated: October 7, 2020 11:35 am
1 min read

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Yesterday, on January 4, 2015, a link was shared on Reddit from new user accounts claiming that a select few people would win a free Case Wallet by entering their email address and downloading the firmware.

The website looked very official. Being a clone site, the coding mirrored Case Wallet’s real website.

Upon closure inspection, it turns out that the “firmware” was an executable file that tested positive via 3 virus scans for possible trojan and/or malware content. A screenshot of the culprit can be seen here. This confirms earlier talk about this issue that occurred at Bitcointalk.org.

Case Wallet is a legitimate company with a reputable staff. They have been developing their hardware wallet for many months and the upcoming product release is generating a lot of buzz. Unfortunately the hype surrounding their new hardware wallet is now being taking advantage of. So always proceed online with a degree of caution.

Thankfully, the Case Wallet security features multisignature and multi-factor authentication based on fingerprint scanning.

An email exchange with their listed contact at Choose Case confirms that their product release is indeed coming soon. Keep your eyes peeled.

If you have any information to add up to this article, please provide it in the comment section below. Counter-arguments are also welcome.

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Yashu Gola
Yashu Gola

Yashu Gola

Yashu Gola is a Mumbai-based finance journalist. He is profoundly active in the bitcoin space since 2014 – and has contributed to several cryptocurrency media outlets, including NewsBTC, FxDailyReport, Bitcoinist, and CCN.

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Academically, Yashu holds a bachelor's in information technology, with majors in data structures and C++ programming language. He has also won the 'Atulya Award' for his efforts towards raising $100,000 for an India-based farming project.

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Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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