BitMEX Traders Start Getting Phishing Emails After Data Leak

BitMEX traders started getting phishing attacks after they had their details leaked as a part of the recent privacy breach that happened on the exchange as we read previously in the crypto news before.

The crypto exchange accidentally leaked about 23,000 of its users’ email addresses earlier this month. One Reddit user disclosed more details about how the phishing attacks started against him after the leak. Apparently there is an email from Blockchain.
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com that redirects Bitmex traders to a different website to eventually download the malware onto the system. The email leak occurred during the platform update on November 1.

BitMEX’s system had not been used since 2017 thanks to its policy of avoiding sending a lot of emails and the exchange has since grown substantially in terms of a number of users since then. After hitting the send button, It looked like the email would take about 10 hours to send to all of the accounts.
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The efforts to update the system to reduce the time didn’t go too well through the usual quality assurance checks and this was the reason for the leak as well. In the ‘’To’’ field of the email, received by those impacted by the leak, there was a long list of other users’ emails visible. According to the blog post, BitMEX acted quickly to limit the damage but a huge chunk of the addresses were already exposed.

It seems like the scammers are now taking advantage of the users’ details since Reddit user reported an example of the scam that was associated with the leak. The user claims to have received a message claiming to be from Blockchain.com where the victim is asked to follow a link to receive a payment. However, the link directs to another site and asks for malware to be downloaded. Whether your email address is on the scammers’ list, you should follow the precautionary measures when dealing with unsolicited emails that often offer some king of financial gain. Always make sure to check the sender and if it doesn’t look legitimate, delete the message.

If you open the email, make sure you don’t click on any links otherwise you can end up being scammed. The Bitmex traders and users were scammed mainly because the malware was included in the scam or had keylogging capabilities.