CryptoSlate - A phishing scam linked to the Angel Drainer group drained $36 million from a crypto whale, causing DETH to depeg and highlighting the ongoing threat of such attacks, which resulted in $126 million in losses in the third quarter of 2024 alone

in blockchain •  18 days ago 

https://cryptoslate.com/crypto-whale-loses-36m-in-major-phishing-scam-causing-deth-depeg/
Screenshot_20241012-181137_Brave.jpg

A phishing scam drained 15,079 fwDETH, worth around $36 million, from a crypto whale's address, causing a significant disruption in DeFi markets, including the depegging of DETH.

The attack was linked to the Angel Drainer phishing group, which provides scammers with tools in exchange for a cut of stolen funds.

This incident highlights the importance of vigilance in the crypto space, as phishing scams continue to cause massive losses, with $126 million reported in the third quarter of 2024 alone.

Screenshot_20211106-080453_DesignEvo.jpg

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Upvoted! Thank you for supporting witness @jswit.