Tether CEO Alerts: Email Newsletter Provider for Crypto Companies Might Be Compromised

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Paolo Ardoino, CEO of Tether, has issued a warning about a possible security breach involving a prominent email vendor frequently used by cryptocurrency companies.

We received now 2 independent confirmations that a prominent vendor used by crypto companies to manage mailing lists might have been compromised.He added that they are not disclosing the vendor’s name until the investigation is complete, but advised caution regarding any emails suggesting crypto-airdrops received in the past 24 hours.

PSA: There is an ongoing supply chain email breach attack happening with an email newsletter vendor right now. Several crypto companies may be affected via email blasts of fake token launches. Be careful with email newsletters in the coming days.a similar incident where a security breach led to an email phishing campaign. The breach allowed unauthorized access to email addresses, which were then targeted with phishing messages falsely claiming to be from the project itself.

Phishing is a technique used by hackers to lure a victim into clicking on a malicious link sent via emails or messages that appear to be from trusted companies. The goal is to trick individuals into disclosing personal information, like passwords and credit card numbers.

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