Overview

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21 de oct. de 2025Hackers use this method to exploit the victim’s 3Commas API, giving them access to interact with their accounts. On October 19, an unnamed crypto trader told Wu 23 de oct. de 2025Automated crypto trading bot provider 3Commas issued a security alert after identifying certain FTX API keys being used to perform unauthorized trades for DMG 22 de oct. de 2025A crypto trader was taken by surprise after hackers reportedly siphoned more than a million dollars worth of digital assets from his FTX account by exploiting an API connected 21 de oct. de 2025According to reporter Colin Wu, there is a new scam making the rounds in the crypto space, called “Contra Trading.” Wu said that on October 19th, an FTX user with the 23 de oct. de 2025According to Colin Wu, a new scam is roaming around the crypto space called “Contra Trading.” On 19 October, an FTX user linked the 3commas API found that his account 24 de oct. de 2025Hackers had replicated the design of the website’s interface to capture API keys from users that mistakenly used the fake website to connect their exchange accounts. 3Commas 24 de oct. de 2025FTX users' accounts breached via 3Commas API keys resulting in massive loss of funds. The exploited API keys did not originate from 3Commas. The automated crypto trading bot company 3Commas issued a security notice following the attack. 3commas took action after detecting certain FTX API keys used to conduct illicit transactions for

Caution: New Crypto Scam Hits FTX Accounts via 3Commas API - Are You at Risk?

A new crypto scam targeting FTX accounts through the 3Commas API is circulating, causing significant concern within the cryptocurrency community. This "Contra Trading" scam, as highlighted by reporter Colin Wu on October 19th, involves unauthorized access and trading on victim accounts. Users who linked their FTX accounts with the 3Commas API have reported unexpected and detrimental trading activity.

How the FTX 3Commas API Scam Works

Hackers are exploiting vulnerabilities, specifically within the 3Commas API connection to FTX, to gain access to user accounts and execute unauthorized trades. On October 19, an unnamed crypto trader told Wu about the issue. This method allows them to interact with their accounts without direct access to login credentials. One trader reportedly lost over a million dollars due to this exploit. FTX users\' accounts breached via 3Commas API keys resulting in massive loss of funds.

3Commas Security Alert and Response

Automated crypto trading bot provider 3Commas issued a security alert after detecting the illicit activity. 3commas took action after detecting certain FTX API keys used to conduct illicit transactions for users. While the exploited API keys did not originate from 3Commas, the company took immediate steps to investigate and mitigate the damage. 23 de oct. de 2025 Automated crypto trading bot provider 3Commas issued a security alert after identifying certain FTX API keys being used to perform unauthorized trades for.

"Contra Trading" Explained

According to Colin Wu, the scam, known as "Contra Trading," sees hackers using compromised API keys to place trades that directly oppose the user\'s existing positions. This effectively bets against the user, leading to rapid and substantial losses. 21 de oct. de 2025 According to reporter Colin Wu, there is a new scam making the rounds in the crypto space, called “Contra Trading.” Wu said that on October 19th, an FTX user with the 3Commas API connected discovered unauthorized activity. 23 de oct. de 2025 According to Colin Wu, a new scam is roaming around the crypto space called “Contra Trading.” On 19 October, an FTX user linked the 3commas API found that his account was compromised.

Protecting Your FTX Account

Here\'s how to safeguard your FTX account connected to 3Commas:

  • Revoke Unused API Keys: Immediately disable any FTX API keys within your 3Commas account that are no longer actively used.
  • Monitor Your Account Activity: Regularly check your FTX account for any suspicious or unauthorized trades.
  • Report Suspicious Activity: If you suspect your account has been compromised, contact FTX and 3Commas support immediately.
  • Verify Website Authenticity: Be extremely cautious when entering API keys. Hackers are creating fake websites to steal credentials. 24 de oct. de 2025 Hackers had replicated the design of the website’s interface to capture API keys from users that mistakenly used the fake website to connect their exchange accounts. 3Commas urges users to double-check the URL before entering sensitive information.

Stay vigilant and proactive to protect your crypto assets from this emerging scam. 22 de oct. de 2025 A crypto trader was taken by surprise after hackers reportedly siphoned more than a million dollars worth of digital assets from his FTX account by exploiting an API connected to 3Commas. Review your security settings and take the necessary steps to secure your accounts today.

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