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Crypto exec warns of ‘ELUSIVE COMET’ threat after losing 75% of assets

Coin Telegraph LogoCoin Telegraph2d ago

Crypto exec warns of ‘ELUSIVE COMET’ threat after losing 75% of assets - Coin Telegraph

Quick Summary:

The chief executive of non-fungible token platform Emblem Vault is warning X users to be wary of the video meeting app Zoom after a nefarious threat actor known as “ELUSIVE COMET” recently stole over $100,000 of his personal assets. On April 11, Emblem Vault CEO, podcaster and NFT collector Jake Gallen said on X that he had been battling a “complete computer compromise” that ended up with a loss of Bitcoin (BTC) and Ether (ETH) assets from different wallets.“Unfortunately, this led to $100k+ in purchased digital assets being lost,” he said. Days later, Gallen said he had been working with cybersecurity firm The Security Alliance (SEAL) to track an ongoing campaign against crypto users by a threat actor identified as “ELUSIVE COMET.”Gallen said the scam was facilitated by the video conference platform Zoom, which resulted in his crypto wallet being drained. “We were able to retrieve a malware file that was installed on my computer during a Zoom call with a YouTube personality of over 90k subs,” said Gallen on April 14. The malicious actor “employs sophisticated social engineering tactics with the goal of inducing victims into installing malware and ultimately stealing their crypto,” SEAL reported in late March.

However, during the interview, Tactical Investing left their screen switched off while Gallen’s was on, enabling the installation of malware called “GOOPDATE,” which stole credentials and accessed his crypto wallets. Cointelegraph reached out to the X account for comment.

Zoom remote access threat“For this scam to take place, its said that the guest of the Zoom video call allows remote access to the host of the call, which is a requestable feature that is DEFAULT ON for every Zoom account,” said Gallen.

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Article Details

Author / Journalist: Cointelegraph by Martin Young

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-15 @ 05:15:52 (2 days ago)

News Timezone: GMT -5:00

News Source URL: cointelegraph.com

Language: English

Article Length: 565 words

Reading Time: 4 minutes read

Sentences: 19 lines

Sentence Length: 30 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coin Telegraph

News ID: 27902415

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About Coin Telegraph

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Main Topics: Crypto

Official Website: cointelegraph.com

Update Frequency: 34 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #11

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