Microsoft Uncovers USDT-Funded Phishing Network Targeting 75,000 Organizations

Microsoft has exposed a significant phishing network that utilized Tether (USDT) as funding, impacting around 75,000 organizations. The operation has resulted in various domain seizures and the shutdown of phishing-kit services, although the extent of asset freezes remains unclear.

Details of the Operation

The phishing network's operations have raised alarms within the cybersecurity community, highlighting the vulnerabilities that organizations face from crypto-funded scams. Microsoft’s findings emphasize the need for enhanced security measures to protect against such targeted attacks.