ETC users have lost their funds due to an alleged fraudulent wallet, MyEtherWallet confirms.

The wallet, myetcwallet, had a similar design to MyEtherWallet. This allowed the wallet to lure the users into thinking it was a legitimate site. Along with taking their ETC, the scam wallet also deceived users into giving their personal information and private keys.

It is not stated how many users were affected as well as the amount of ETC taken. However, users have been warned to avoid the site by MyEtherWallet, who has recently announced its support for ETC, and the unofficial Ethereum Classic twitter account.

ETC wallets are still hard to come by and many active ETH wallets are hesitant to add the currency as of now. It’s easy to understand why some users were quick to store their funds through this wallet. Currently, Ethereum Mist and Ledger Nano S are the only wallets we recommend to our readers for ETC storage.

The fraudulent site has been taken down.

Updates will be added when new information is available.

Danielle Meegan

Danielle Meegan is a writer based in Los Angeles, though she is a native of New Hampshire. Danielle has been published in a couple of magazines and newspapers throughout the years covering sports and entertainment. Danielle has dabbled with multiple virtual currency exchanges to understand the ins and outs of trading. As of right now, Danielle has invested in over 15 different virtual currencies, including Ether. Read More
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