Release: 2024/10/14 16:54 Reading: 983
Phishing Attack Results in Crypto Theft of Approximately $1.28 Million
A new cryptocurrency phishing campaign has led to the theft of approximately $1.28 million in digital assets.
According to blockchain security firm PeckShieldAlert, the incident appears to be connected to a larger scam that occurred just two weeks ago.
Victim Loses PEPE, APU, and MSTR Tokens
PeckShieldAlert reported that the address 0xb0b8...40c7 was drained of various cryptocurrencies after the victim signed a malicious phishing permit signature.
The stolen assets include:
The phishing address, identified as #Fake_Phishing442846, has been linked to the same group of scammers responsible for a recent $32 million theft of Spark Wrapped Ethereum tokens (spWETH).
September Attack Led to $32 Million Loss
The earlier attack occurred on September 27 and targeted a wallet ending in 'e57.' The attack resulted in the loss of 12,083 spWETH tokens.
Security firm CertiK provided details on the subsequent movement of these funds, with large portions being transferred to multiple wallets.
Blockchain intelligence firm Arkham Intelligence has suggested that the compromised wallet in the $32 million attack may belong to F2Pool founder Shixing Mao, although this information remains unconfirmed.
Alarming Rise in Cryptophishing Scams
According to data from Spectrum Search, the crypto industry has witnessed an alarming rise in cryptophishing scams.
Phishing links are often shared by fake accounts on social media or through paid advertisements. Victims who click on these links are at risk of losing their data, crypto, or wallet access.
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