April 25, 2024

Phishing scammer managed to steal $1 million worth of cryptocurrency in a day

Article Reading Time:
1 min.

Phishing scammer managed to steal $1 million worth of cryptocurrency in a day

Blockchain security specialist ZachXBT reported that in total a hacker under the nickname Monkey Drainer stole $3.5 million in digital assets.

According to cryptocurrency analyst ZachXBT,In the last 24 hours alone, the criminal stole nearly 700 Ether. His two biggest victims, users 0x02a and 0x626, lost a total of $370,000 after signing transactions on phishing sites used to lure victims. 0x02a lost one NFT from the Bored Ape Collection (BAYC), one CloneX, $36,000 and 12 other non-fungible tokens totaling approximately $150 000.

User 0x626, who owns about $6.2 million worth of cryptocurrency, lost $220,000. The remaining transactions were declined. 

ZachXBT added that the total assets,stolen by the attacker exceeds $3.5 million and is growing day by day. He urged users to exercise maximum vigilance when working with cryptocurrencies:

“Please take extra care before visiting unknown sites, connecting your wallet, or signing transactions.”

Last week, French law enforcement agencies took advantage of the study,
carried out by a cryptocurrency analyst under the pseudonym ZachXBT to arrest five NFT fraud suspects.