Loss Exceeds $1 Million, Fake Zoom Meeting Phishing Analysis
Original Title: "Seeing is Not Believing | Analysis of Fake Zoom Meeting Phishing"
Original Source: SlowMist Technology
Background
Recently, several users on platform X reported a phishing attack method that disguised itself as a Zoom meeting link. One victim clicked on a malicious Zoom meeting link, which led to the installation of malware, resulting in the theft of encrypted assets and losses amounting to millions of dollars. In this context, the SlowMist security team conducted an analysis of this phishing event and attack method, and traced the hacker's fund flow.

(https://x.com/lsp8940/status/1871350801270296709)
Phishing Link Analysis
The hacker used a domain name like "app[.]us4zoom[.]us" to disguise itself as a legitimate Zoom meeting link. The page closely resembled a real Zoom meeting, and when users clicked the "Start Meeting" button, it triggered the download of a malicious installer package instead of starting the local Zoom client.

Through probing the above domain, we discovered the hacker's monitoring log address (https[:]//app[.]us4zoom[.]us/error_log).

Upon decryption, it was found that this was a log entry when the script attempted to send a message via the Telegram API, using the Russian language.

The site was deployed online 27 days ago, and the hacker may be Russian. Since November 14th, they have been seeking targets and then monitoring through the Telegram API to see if any targets click the download button on the phishing page.

Malware Analysis
The malicious installer package's filename is "ZoomApp_v.3.14.dmg." Below is the interface opened by this Zoom phishing software, which prompts users to execute the ZoomApp.file malicious script in Terminal and also prompts users to enter their local password during the execution process.

Below is the execution content of this malicious file:

Upon decoding the above content, it was found to be a malicious osascript script.

Further analysis revealed that the script searches for a hidden executable file named ".ZoomApp" and runs it locally. We conducted disk analysis on the original installation package "ZoomApp_v.3.14.dmg" and indeed found that the package was hiding an executable file named ".ZoomApp".

Malicious Behavior Analysis
Static Analysis
We uploaded this binary file to a threat intelligence platform for analysis, and the file was identified as malicious.

(https://www.virustotal.com/gui/file/e4b6285e183dd5e1c4e9eaf30cec886fd15293205e706855a48b30c890cbf5f2)
Through static disassembly analysis, the following is the entry code of this binary file, used for data decryption and script execution.

Below is the data section, where it can be observed that most of the information has been encrypted and encoded.

Upon decrypting the data, it was found that this binary file ultimately executes a malicious osascript script (complete decryption code shared at: https://pastebin.com/qRYQ44xa), which collects information from the user's device and sends it to a backend.
Below is a section of the code enumerating different plugin ID paths.

Below is a section of the code reading KeyChain information from the computer.

The malicious code, after collecting system information, browser data, encrypted wallet data, Telegram data, Notes data, and Cookie data, compresses them and sends them to a hacker-controlled server (141.98.9.20).

Since the malware prompts users to enter their password during runtime and subsequent malicious scripts also collect KeyChain data from the computer (potentially containing various passwords saved by the user on the computer), the hacker, upon collection, will attempt to decrypt the data to obtain sensitive information such as the user's wallet mnemonic phrase and private key, thereby stealing the user's assets.
Analysis shows that the IP address of the hacker's server is located in the Netherlands and has been flagged as malicious by a threat intelligence platform.

(https://www.virustotal.com/gui/ip-address/141.98.9.20)
Dynamic Analysis
By dynamically executing this malicious program in a virtual environment and analyzing the process, the following image shows the process monitoring information of the malicious program collecting local data and sending data to the backend.


MistTrack Analysis
We used the on-chain tracking tool MistTrack to analyze the hacker address provided by the victim: 0x9fd15727f43ebffd0af6fecf6e01a810348ee6ac. The hacker address has profited over $1 million, including USD0++, MORPHO, and ETH; of which, USD0++ and MORPHO were exchanged for 296 ETH.
According to MistTrack, the hacker address has received small amounts of ETH from address 0xb01caea8c6c47bbf4f4b4c5080ca642043359c2e, presumably as a fee for the hacker address. The address (0xb01c) only has one source of income but has sent out small amounts of ETH to nearly 8,800 addresses, appearing to be a "platform specifically providing fees."

Filter out the outgoing addresses from this address (0xb01c) that have been flagged as malicious, associated with two phishing addresses, one of which is marked as the Pink Drainer, and further analyze these two phishing addresses, with funds mostly transferred to ChangeNOW and MEXC.

Next, analyze the outgoing transactions of the stolen funds, where a total of 296.45 ETH was transferred to a new address 0xdfe7c22a382600dcffdde2c51aaa73d788ebae95.

The first transaction from the new address (0xdfe7) was in July 2023, involving multiple chains, and the current balance is 32.81 ETH.

The main ETH outflow paths from the new address (0xdfe7) are as follows:
· 200.79 ETH -> 0x19e0…5c98f
· 63.03 ETH -> 0x41a2…9c0b
· 8.44 ETH -> Exchanged for 15,720 USDT
· 14.39 ETH -> Gate.io

The subsequent outflows from the expanded addresses are associated with multiple platforms such as Bybit, Cryptomus.com, Swapspace, Gate.io, MEXC, and are related to multiple addresses marked by MistTrack as Angel Drainer and Theft. Additionally, there is currently 99.96 ETH remaining in the address 0x3624169dfeeead9f3234c0ccd38c3b97cecafd01.

The USDT transaction trace from the new address (0xdfe7) is also extensive, with transfers to platforms such as Binance, MEXC, FixedFloat, and others.

Summary
The phishing method shared this time is where hackers disguise themselves as a legitimate Zoom meeting link, tricking users into downloading and executing malicious software. This malware usually has multiple harmful functions such as collecting system information, stealing browser data, and obtaining cryptocurrency wallet information, which is then transmitted to a server controlled by the hacker. These types of attacks often combine social engineering and trojan horse attack techniques, making users vulnerable to falling victim with slight carelessness. The SlowMist Security Team advises users to carefully verify before clicking on any meeting links, avoid executing software and commands from unknown sources, install antivirus software, and keep it updated regularly. For more security insights, it is recommended to read the SlowMist Security Team's "Blockchain Dark Forest Self-Rescue Handbook": https://github.com/slowmist/Blockchain-dark-forest-selfguard-handbook/blob/main/README_CN.md.
You may also like

Trump Says He Was Unaware of $500M UAE Investment in World Liberty Financial
Key Takeaways: US President Donald Trump denied knowledge of a $500 million UAE investment in World Liberty Financial.…

Crypto Industry and Banks at a Stalemate Over Stablecoin Yield Deal
Key Takeaways The White House has urged a compromise on stablecoin yields to progress Senate crypto legislation. Crypto…

Why Vitalik Buterin Sold Over 700 Ethereum (ETH) Despite Market Recovery
Key Takeaways Vitalik Buterin sold over 700 Ethereum not for market reasons but to finance long-term projects. The…

Binance Withdrawals Restored Following Temporary Disruption
Key Takeaways Binance faced technical difficulties affecting withdrawals, but services were quickly restored within 20 minutes. The disruption…

Asian Markets Stabilize as Bitcoin Trades Around $78K
Key Takeaways Bitcoin steadies at approximately $78,000 as Asian markets recover from recent volatility. Regional equities, including Japan’s…

Bitcoin Price Prediction: The Warsh Shock & The Stablecoin Summit—Is the Bull Case Dead?
Key Takeaways Kevin Warsh’s nomination as Federal Reserve Chair has caused a drop in liquidity for riskier assets,…

White House Continues to Negotiate Over Crypto Market Structure Bill
Key Takeaways The White House is pushing for a compromise on the contentious issue of stablecoin yields in…

Billionaire Michael Saylor’s Strategy Acquires $75M More Bitcoin – Is This a Bullish Sign?
Key Takeaways Michael Saylor’s Strategy has expanded its Bitcoin holdings by purchasing an additional 855 BTC for $75.3…

Polymarket Bettors Assign Over 70% Probability of Bitcoin Dropping Below $65K — Are They Correct?
Key Takeaways Polymarket users predict Bitcoin has a 71% chance of falling below $65,000 in 2026, reflecting market…

CFTC Regulatory Shift Could Unlock New Growth for Coinbase Prediction Markets
Key Takeaways Newly appointed CFTC Chair, Michael Selig, aims for a unified federal oversight approach for crypto-linked prediction…

We Hacked Perplexity AI to Predict the Price of XRP, Bitcoin, and Ethereum By the End of 2026
Key Takeaways Perplexity AI predicts XRP may soar to $8 by 2026, fueled by legal victories and supportive…

Current Crypto Price Predictions: An In-Depth Analysis of XRP, Dogecoin, and Shiba Inu
Key Takeaways XRP, Dogecoin, and Shiba Inu are experiencing significant price declines amid geopolitical uncertainties and general market…

Pepe Coin Forecast: Price Appears Dismal, Yet Savvy Investors Rally Behind the Scenes
Key Takeaways Pepe Coin has experienced significant price drops, yet indicators suggest it may soon bottom out, with…

BitMine Reports 4.285M ETH Holdings, Expands Staked Position With Massive Reward Outlook
Key Takeaways BitMine Immersion Technologies has reported significant crypto holdings valued at $10.7 billion. The company’s Ethereum holdings…

Crypto Exchanges’ Stock Plunge 60% as Trading Volumes Dwindle – Is the Decline Ending or Just Beginning?
Key Takeaways Trading volumes on major crypto exchanges have drastically fallen, with a nearly 90% drop from October…

Best Crypto to Acquire Now February 2 – XRP, Solana, Ethereum
Key Takeaways Recent market turmoil saw Bitcoin plunge dramatically, affecting all major cryptocurrencies. XRP, Solana, and Ethereum are…

Ethereum Price Prediction: Top ETH Bulls Face $7.6 Billion in Paper Losses as Price Drops Below $2,400
Key Takeaways Ethereum has faced a downturn, dropping 19% below $2,400, resulting in significant paper losses for major…

Shiba Inu Price Prediction: SHIB Just Crashed to a 3-Year Low – Is SHIB Heading Towards Zero?
Key Takeaways Shiba Inu has recently hit a significant low, experiencing a 15% drop that places it at…
Trump Says He Was Unaware of $500M UAE Investment in World Liberty Financial
Key Takeaways: US President Donald Trump denied knowledge of a $500 million UAE investment in World Liberty Financial.…
Crypto Industry and Banks at a Stalemate Over Stablecoin Yield Deal
Key Takeaways The White House has urged a compromise on stablecoin yields to progress Senate crypto legislation. Crypto…
Why Vitalik Buterin Sold Over 700 Ethereum (ETH) Despite Market Recovery
Key Takeaways Vitalik Buterin sold over 700 Ethereum not for market reasons but to finance long-term projects. The…
Binance Withdrawals Restored Following Temporary Disruption
Key Takeaways Binance faced technical difficulties affecting withdrawals, but services were quickly restored within 20 minutes. The disruption…
Asian Markets Stabilize as Bitcoin Trades Around $78K
Key Takeaways Bitcoin steadies at approximately $78,000 as Asian markets recover from recent volatility. Regional equities, including Japan’s…
Bitcoin Price Prediction: The Warsh Shock & The Stablecoin Summit—Is the Bull Case Dead?
Key Takeaways Kevin Warsh’s nomination as Federal Reserve Chair has caused a drop in liquidity for riskier assets,…