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Crypto VC partner loses ‘life savings’ during fake Zoom call

cryptoweekly by cryptoweekly
June 19, 2025
in bitcoin, News
0

Hypersphere investment partner Mehdi Farooq says he lost six wallets and years of savings after falling victim to a fake Zoom call phishing attack.

Mehdi Farooq, an investment partner at crypto venture capital firm Hypersphere, revealed on Thursday that he lost a significant portion of his life savings in a targeted phishing attack orchestrated through a fake Zoom call.

In a post on X, Farooq explained that the attack began with a message on Telegram from Alex Lin, someone he knew. “He wanted to catch up,” Farooq recounted.

The two had previously interacted, making the outreach seem routine. Farooq then shared his Calendly link with Lin, who scheduled a meeting for the next day.

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Recent Posts
  • OKX brings DEX aggregator to MetaMask with Consensys partnership
  • Nasdaq-listed Lion Group bets big on Hyperliquid with $600M treasury
  • Project Eleven raises $6M to defend Bitcoin from quantum attacks
  • Crypto VC partner loses ‘life savings’ during fake Zoom call
  • The Pacific island nation of Nauru passes crypto legislation
  • Russia says 70% of crypto miners remain unregistered despite new laws
  • Bank of Korea warns that local stablecoins will increase dollar dependence

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