Blockchain Capital’s X account hacked promoting token claim scam

The X (Twitter) account of crypto-focused venture capital firm Blockchain Capital has seemingly been taken over by scammers attempting to lure users with the promise of a token claim.

On Aug. 9, Blockchain Capital’s account made multiple posts promising a giveaway of “BCAP” tokens and directed users to a copycat website that emulates the appearance of the VC firm’s original.

Scammers posting a link to a fake Blockchain Capital website under the guise of a token claim. Source: X

The copycat website — which includes an additonal “n” in the URL — directs users to connect their crypto wallet, a common tactic used by phishing scammers in order to drain user funds.

The scammers tactically turned off the comments section in an attempt to prevent others from warning of the possible scam.

The fake website emulates the legitimate website of Blockchain Capital by claiming to have invested in Coinbase, Kraken, OpenSea and other large cryptocurrency firms.

This is a developing story, and further information will be added as it becomes available.