Altcoins News
By Steven Anderson
1 / 15
Fireblocks CEO Michael Shaulov dropped a bombshell at a New York cybersecurity conference on February 19, 2026.
2 / 15
These aren't your typical phishing attempts. The hackers build elaborate fake profiles with made-up credentials, work history, and professional connections that look completely…
3 / 15
LinkedIn knows about it. The platform is scrambling to remove fake profiles.
4 / 15
But nobody really knows how big the problem is yet. LinkedIn won't say much about it, which is frustrating for security folks trying to get a handle on the scope.
5 / 15
Fireblocks beefed up its security after discovering the threat. Shaulov keeps telling other crypto companies they need to stay alert because these hackers are constantly evolving…
6 / 15
The timing couldn't be worse. Crypto markets are already jittery.
7 / 15
Elliptic, the blockchain analytics firm, found cryptocurrency transactions tied to these scams.
8 / 15
The Justice Department is considering legal action. A DOJ spokesperson said on February 17, 2026, that they're reviewing potential charges, though prosecuting North Korean state…
9 / 15
Binance issued warnings to users on February 16, 2026, telling them to be suspicious of random LinkedIn recruitment offers.
10 / 15
South Korea's National Intelligence Service opened its own investigation on February 14, 2026, looking into similar recruitment scams hitting domestic tech companies.
11 / 15
A Blockchain Association survey published February 13, 2026, found that 62% of crypto executives feel unprepared to handle targeted cyber threats.
12 / 15
Gemini announced a partnership with Palo Alto Networks on February 12, 2026, to build advanced threat detection tools.
13 / 15
The education angle is huge too. Shaulov keeps hammering the point that employee training is crucial. "Education is our first line of defense," he said.
14 / 15
LinkedIn's response speed is becoming a real issue. Some crypto executives are complaining that the platform takes too long to remove fake profiles once they're reported.
15 / 15
Fireblocks continues monitoring the situation and expects more developments soon.
The Currency Analytics
Want the full story?