MetaMask issues warning about phishing attacks via iCloud. A user reported a lost of $650K. The user did not realized that Metamask stores the seed words onto iCloud until the date of the incident.
The company detailed that MetaMask vaults, the encrypted passwords also known as seed phrases, are uploaded to iCloud if the backup option is enabled. This would enable scammers to gain access to the seed phrase as soon as they compromise a user’s iCloud account.
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