"A New Wave of PayPal Invoice Scams Using Crypto Disguise"

Security researchers at Trend Micro have found a new wave of PayPal invoice scams using blockchain/cryptocurrency-related businesses as their disguise.  The researchers discovered the scams on October 09, 2022.  The researchers noted that while the scammers use a very common method, impersonating PayPal sellers to send random target invoices via PayPal systems saying users have been charged an amount of money and pushing them to click on malicious links, they use the names of famous companies/tokens on different blockchains to do so.  Among the examples mentioned by researchers include Stellar XLM, Bitcoin Exchange, Terra Luna Classic, Oasis Network, and TrueUSD. If an individual believes they have received a phishing email impersonating to be PayPal, they can forward the suspected scam emails to PayPal so they can look into it.

Infosecurity reports: "A New Wave of PayPal Invoice Scams Using Crypto Disguise"