Polygon’s Co-founder Warns of Deepfake Scam Targeting Founders via Zoom

By: bitcoin ethereum news|2025/05/15 00:00:18
0
Share
copy
Polygon co-founder Sandeep Nailwal has issued a critical warning to the Web3 community after scammers attempted to impersonate him using deepfake technology in a sophisticated fraud scheme. In a post shared on social media, Nailwal described a disturbing new scam vector that involves fake Zoom meetings where deepfakes of himself and other Polygon Ventures team members are used to trick startup founders into installing malicious software. The scam allegedly began after hackers gained access to the Telegram account of Shreyansh Singh, head of investments at Polygon Ventures. Using that compromised account, the attackers contacted startup founders—particularly those previously in touch with Polygon—under the pretense of arranging investment discussions. Once a call is scheduled, the victims are asked to join a fake Zoom meeting via a desktop link appearing to originate from Polygon. The call features a video feed showing deepfakes of Nailwal, Singh, and a woman impersonating another team member. With audio disabled, the attackers claim there is a technical issue and instruct the victim to install an SDK—a malicious script that, if installed, compromises the system. Nailwal emphasized that no one should ever install files or software at the request of another party during an unsolicited call. He further advised keeping a separate device strictly for crypto-related activities such as wallet transactions to minimize exposure to such threats. “These attacks keep getting more and more sophisticated,” Nailwal warned. “Please be safe out there.” The incident highlights the growing use of AI-driven deepfake technology in phishing and social engineering scams within the crypto space—especially targeting founders and early-stage projects. Reporter at Coindoo Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets. Related stories Next article !function(f,b,e,v,n,t,s){if(f.fbq)return;n=f.fbq=function(){n.callMethod?n.callMethod.apply(n,arguments):n.queue.push(arguments)};if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version='2.0';n.queue=[];t=b.createElement(e);t.async=!0;t.src=v;s=b.getElementsByTagName(e)[0];s.parentNode.insertBefore(t,s)}(window,document,'script','https://connect.facebook.net/en_US/fbevents.js');fbq('init','1188189499475368');fbq('track','PageView'); Source: https://coindoo.com/polygons-co-founder-warns-of-deepfake-scam-targeting-founders-via-zoom/

You may also like

Connecting encryption, TradFi, and payments, is Gate completing the final puzzle of the "super APP"?

Why is it said that TradFi is not a short-term narrative?

a16z Crypto Operating Partner: Wall Street is undergoing its biggest infrastructure upgrade in 30 years

What is currently happening is the largest infrastructure upgrade in the capital market since the rise of electronic trading thirty years ago.

a16z Crypto's latest research: What is the key to the large-scale application of DeFi?

The widespread adoption of on-chain financial applications still faces an invisible barrier: the lack of transaction order certainty. Under a single leader architecture, nodes can delay, censor, or even front-run user transactions, thus completely distorting the game among market makers, bidders, an...

Founder of Delphi Labs: My observations and feelings about the AI ecosystem in China in two weeks

Delphi Labs co-founded a deep observation of China's AI ecosystem: hardware manufacturing is quietly winning the global war at an astonishing speed, but the software sector is mired in an overvaluation bubble and the homogenization of founders.

AI Seating Chart Released | Rewire News Morning Brief

Musk and Ultraman are not above

Is the era of Embodied AI's "GPT Moment" Approaching? Axis Robotics Announces End of Testing, Set to Launch on Base Chain

Axis's answer is yes - provided that a thorough reshaping of the scale-up production of robotic data is required, and a redefinition of the deployment paradigm in the physical world.

Popular coins

Latest Crypto News

Read more