Bee Token is a San Francisco-based startup utilizing an ERC-20 utility token for its Beenest decentralized home-sharing network. The investors who were waiting for their opportunity to join the Bee Token ICO were reportedly robbed for more than 700 ETH.
Scammers managed to collect the emails of potential investors of Bee Token, and sent out phishing emails stating that the token sale started, and offering users to send their contributions to Ethereum address.
Phishing email received by Bee Token ICO Investors
The Bee Token ICO scammers have reportedly managed to steal over 700 ETH (830,000 USD). The founders of Bee Token company confirmed that the above mentioned emails were fake and that they do not send any messages regarding the modification of maximum contribution limit.
The Bee Token has received reports of fake emails, Telegram accounts, etc. claiming to represent the Bee Token ICO Token Generation Event. Please note that we will NEVER EVER communicate an Ethereum address through an email or Direct Message to you via Telegram.
Bee Token Security Announcement
In one hour after the phishing attack, The Bee Token team sent out an email, warning the investors about fake emails and telling them that the real ICO address can be found only on the official website of the ICO.
Recently we have reported that Bee Token announced a new partnership with WeTrust, a blockchain-based platform for financial empowerment, to provide a decentralized insurance layer based on crowdsourced security deposits for Bee Token users.