Paolo Ardoino of Tether and Bobby Ong of Coingecko have warned of a potential supply chain attack on the crypto industry. They reported that a prominent vendor managing mailing lists for crypto companies may have been compromised, urging caution against phishing emails related to fake crypto airdrops.
Tether CEO Advises Caution Over Suspicious Airdrop Emails Citing Compromised Mailing List Vendor
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‘Beware of Any Emails Suggesting Crypto Airdrops’
Paolo Ardoino, CEO of Tether, and Bobby Ong, co-founder and COO of Coingecko, have issued warnings regarding a potential supply chain attack targeting the cryptocurrency industry.
Ardoino stated on social media platform X on Wednesday: “We received now 2 independent confirmations that a prominent vendor used by crypto companies to manage mailing lists might have been compromised. Not making names yet until investigation is completed.” The Tether boss continued:
Please beware of any emails suggesting crypto- airdrops received since 24h ago … Likely a supply chain attack towards crypto industry.
Similarly, Bobby Ong, co-founder and COO of cryptocurrency data aggregator Coingecko, raised alarms about a possible supply chain email breach. He advised: “PSA: There is an ongoing supply chain email breach attack happening with an email newsletter vendor right now.” Ong added:
Several crypto companies may be affected via email blasts of fake token launches. Be careful with email newsletters in the coming days.
Both Ardoino and Ong underscored the urgency of heightened vigilance among users and companies involved in the cryptocurrency sector to fend off potential scams and protect sensitive information.
The Coingecko co-founder emphasized: “We at Coingecko may be potentially affected and are actively working with our vendor to investigate further to determine the extent of this breach. We have seen phishing Coingecko emails being sent from other client accounts. There is no Coingecko token being planned so don’t be duped by the phishing emails.”
Have you received fake airdrop emails that Ardoino and Ong have warned about? Let us know in the comments section below.














