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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
  • XLM's price to rocket like XRP, Trump’s big crypto nod: Hodler’s Digest, July 13 – 19
  • US Lawmaker sounds alarm on GENIUS bill, says it's a CBDC Trojan Horse
  • Macro drivers will dampen Bitcoin’s halving cycle — Tim Draper
  • Indian crypto exchange CoinDCX hacked, $44 million drained
  • Can XRP price reach $20? These charts say ‘full bull’ phase is still ahead
  • Crypto rules for mortgages must reflect self-custody reality
  • Russian government readies tougher rules for miners

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