Crypto VC partner loses 'life cost savings' throughout phony Zoom call

INSUBCONTINENT EXCLUSIVE:
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
Farooq then shared his Calendly link with Lin, who scheduled a meeting for the next day.Minutes before the scheduled call, Lin asked to
phishing scamZoom update prompt leads to full wallet drainFarooq said he joined the scheduled Zoom call to find there was no audio, though
both participants appeared on screen
In the chat, they instructed him to update Zoom to fix the issue
Source: FarooqFarooq added that while the attack was underway, the impersonator continued chatting on Telegram as if nothing was wrong
real account had been hijacked
joined Hypersphere as an investment partner, focusing on liquid and venture opportunities
increasing sophistication of phishing attacks targeting crypto professionals.Last month, BitGo CEO Mike Belshe revealed that scammers
access to funds
cypherpunks