Authorities warn against cryptocurrency-related scams involving fake job offers after US$11.8 million in losses

Fake LinkedIn crypto job scams cost $11.8M in Singapore

LinkedIn job scammers stole $11.8M from Singapore crypto firms by harvesting session tokens via malware, then modifying code to bypass transaction limits. Session token theft neutralizes MFA; firms must enforce short-lived tokens, restrict production access beyond single auth, and secure hiring processes.