On January 27th, COINOTAG News reported that FTX officials have cautioned users regarding potential phishing schemes circulating in the crypto community. These fraudulent emails purport to be from the FTX Recovery Trust and may lead to scam websites mimicking the official FTX customer portal. The advisory emphasizes a vital security measure: FTX will never request users to connect their wallets directly via email correspondence. It is essential for cryptocurrency holders to remain vigilant against these deceptive tactics that exploit usersβ trust. As the cryptocurrency market evolves, the threat of online scams becomes increasingly prevalent, underscoring the necessity for enhanced digital security practices. Users are urged to verify the legitimacy of communications received and to rely solely on the official channels of FTX for any inquiries related to their accounts. Taking proactive measures can significantly mitigate the risks associated with these cyber threats.