FTX has issued a warning to its users about phishing emails and counterfeit websites mimicking FTX customer portals. The company emphasized that it will never ask users to connect their wallets. Reports have surfaced of fake compensation emails allegedly from FTX, which instruct users to download a dangerous tool to generate XPUB. Security expert SlowMist Cosine noted that this malicious tool, likely assembled using AI, is designed to steal mnemonics but poses no other risks.