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

Bitcoin Surges Past Key Levels—Potential Liquidations Loom
Key Takeaways Bitcoin could trigger $1.71 billion in short liquidation on major CEXs if it surpasses $92,262. Conversely,…

Bitcoin Faces Rare Fourth Consecutive Monthly Decline
Key Takeaways Bitcoin is on the brink of its fourth consecutive monthly decline, a situation unseen since the…

Penguin Token Sells Off Amid Market Fluctuations
Key Takeaways A significant PENGUIN token holder has started liquidating their holdings, resulting in $40,000 worth of tokens…

Insider Whale Acquires Additional 22,000 ETH
Key Takeaways The “1011 Insider Whale” has added another 22,000 ETH to their holdings. The ETH purchase is…

OWL Tokens Transferred in Potential Sell-off Alert
Key Takeaways $2.1 million in OWL tokens were moved from a team’s wallet, raising concerns about a possible…

Ethereum Price Fluctuations Could Trigger Massive Liquidations
Key Takeaways If Ethereum’s price falls below $2,754, significant liquidation of long positions totaling $1.361 billion is anticipated…

Major Whale Amplifies Short Position on xyz:SILVER Contract
Key Takeaways A significant player, termed “Silver Iron Head Short Army,” has increased their short position on the…

Fed’s January Rate Decision and Bitcoin’s Outlook
Key Takeaways The Federal Reserve is anticipated to announce its first interest rate decision for 2026, with market…

Cardano Faces Downside Risks as Market Seeks Support at $0.27
Key Takeaways Cardano’s price has seen a significant decline, retreating to $0.34 following a three-week correction period since…

Cathie Wood Boosts Investment in Cryptocurrency Stocks
Key Takeaways Cathie Wood’s ARK Invest has significantly increased its investment in Coinbase, Circle, and Bullish to the…

USD Weakens as DXY Falls Below 97, Boosting Bitcoin Prospects
Key Takeaways The US Dollar Index (DXY) dropped below 97, reaching its lowest level since September of the…

Global Risks Influence Bitcoin Fluctuations: QCP Asia’s Insight
Key Takeaways Persistent macroeconomic uncertainties cause global markets to retreat into risk-off mode. Japanese bond yields surge to…

Dormant Ethereum Whale Transfers 50,000 ETH to Gemini, Market Reacts
Key Takeaways A significant dormant Ethereum whale transferred 50,000 ETH, valued at approximately $145 million, to the Gemini…

Digital Asset Fund Outflows Lead to Market Volatility
Key Takeaways Digital asset funds experienced net outflows of $1.73 billion last week, the largest since mid-November last…

Ethereum Whales Signal Possible Market Surge with Bold Moves
Key Takeaways Ethereum whales are actively participating in the market with divergent strategies, buying in bulk and selling…

XRP Price Shows Potential for Rebound as Market Conditions Shift
Key Takeaways XRP’s price is under pressure but shows signs of a potential rebound driven by technical indicators…

Whale Leverages a 2x Long Position on 3,436 ETH
Key Takeaways A crypto whale utilized 2x leverage to go long on 3,436 ETH with an average entry…

Dormant Ethereum Whale Transfers 50,000 ETH After Long Inactivity
Key Takeaways A previously inactive Ethereum whale has surfaced after nine years, managing large-scale transactions involving 50,000 ETH.…
Bitcoin Surges Past Key Levels—Potential Liquidations Loom
Key Takeaways Bitcoin could trigger $1.71 billion in short liquidation on major CEXs if it surpasses $92,262. Conversely,…
Bitcoin Faces Rare Fourth Consecutive Monthly Decline
Key Takeaways Bitcoin is on the brink of its fourth consecutive monthly decline, a situation unseen since the…
Penguin Token Sells Off Amid Market Fluctuations
Key Takeaways A significant PENGUIN token holder has started liquidating their holdings, resulting in $40,000 worth of tokens…
Insider Whale Acquires Additional 22,000 ETH
Key Takeaways The “1011 Insider Whale” has added another 22,000 ETH to their holdings. The ETH purchase is…
OWL Tokens Transferred in Potential Sell-off Alert
Key Takeaways $2.1 million in OWL tokens were moved from a team’s wallet, raising concerns about a possible…
Ethereum Price Fluctuations Could Trigger Massive Liquidations
Key Takeaways If Ethereum’s price falls below $2,754, significant liquidation of long positions totaling $1.361 billion is anticipated…