Security researchers have observed a highly sophisticated phishing campaign targeting employees of the US Federal Communications Commission (FCC), as well as popular crypto exchanges Binance, Coinbase, Kraken, and Gemini.
First, they would create landing pages for logging into places like the FCC portal, or Binance. These landing pages would be seemingly identical to the authentic ones, and are hosted mostly on RetnNet (a Russian web hosting service which might be more tolerant to cybercrime than its Western peers).
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Source: TechRadar