Whale Falls into Phishing Trap, Loses Half a Million Dollars in ETH
CryptoNewsTerminal Staff22 Aug, 2024
Whale Falls into Phishing Trap, Loses Half a Million Dollars in ETH
A recent phishing attack has cost a whale a staggering 211 ETH, an amount that translates to a whopping $553,312. The attack involved a phishing address that had the same first and last digits as Kucoin and the whale mistakenly and unfortunately sent the funds there. This incident serves as a stark reminder of the prevalence and sophistication of phishing scams in the crypto space. Scammers are constantly devising new and innovative ways to trick people into giving up their hard-earned assets, and it is important to be vigilant and take steps, like using a scam prevention service such as Scam Sniffer, to safeguard your funds.
