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Manta Network’s Founder Targeted in Deepfake Zoom Scam Linked to Lazarus Group

Manta Network’s Founder Targeted in Deepfake Zoom Scam Linked to Lazarus Group

Cybercriminals are escalating their tactics—and crypto executives are in the crosshairs. In a chilling account shared on April 17, Kenny Li, co-founder of Manta Network, revealed how he narrowly escaped a deepfake phishing attack during a Zoom call.

The attackers impersonated someone Li knew, using real video footage and a fake Zoom update prompt to push him into downloading a malicious script file.

“I could see their legit faces. Everything looked very real. But I couldn’t hear them,” Li wrote on X. “Then it said my Zoom needs an update. But it asked me to download a script file. I immediately left.”

Attackers Used Hacked Identity, Blocked Verification Attempts

After ending the call, Li reached out to the individual via Telegram for verification. Instead of a reply, the imposter deleted all previous messages and blocked him.

Li later confirmed that the real person—whose image appeared in the Zoom meeting—had been compromised by the Lazarus Group, a North Korea-linked cybercrime syndicate known for targeting the crypto industry.

Li’s experience is part of a troubling trend as phishing attacks and social engineering tactics grow more sophisticated across the crypto space. From faked investor meetings to manipulated video calls, hackers are now using deepfake technology and hijacked identities to lure high-level figures into compromising situations.

Security experts are urging industry insiders to double down on verification protocols, avoid downloading unexpected files, and treat every digital interaction—even familiar faces—with caution.

Author

Reporter at Coindoo

Kosta has reported on cryptocurrency markets and blockchain infrastructure since 2020, bringing over six years of hands-on experience in the crypto industry built through daily tracking of markets, trends, and emerging blockchain developments. Specializing in Bitcoin on-chain analysis, institutional ETF flows, and digital asset price action, his work at Coindoo has been cited by other news agencies and consistently covers market developments with a focus on data-driven reporting across Bitcoin, Ethereum, Solana, and XRP. Over the years, Kosta has contributed to multiple crypto media outlets in different regions, authoring over 6,000 articles across the sector. His reporting spans cryptocurrency markets and the broader fintech industry, tracking not only price action but also the technological and regulatory forces shaping the ecosystem. To support his analysis, Kosta actively leverages on-chain data and metrics from leading platforms such as Santiment, Glassnode, and CryptoQuant, enabling deeper, evidence-based market insights. He believes in the power of transparency and the data that underpins the blockchain ecosystem. His academic background in Marketing Management from Denmark further complements his analytical approach, adding a strong understanding of communication strategy and content positioning to his work.

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