Over $282M in LTC and BTC Lost in Hardware Wallet Social Engineering Fraud
TechFlowShare
Summary
Today's BTC news reports a major social engineering scam involving hardware wallets. On January 11 at 7:00 UTC+8, a victim lost 205,000 LTC and 1,459 BTC. The attacker converted the funds to Monero, briefly pushing XMR prices higher. Some BTC was also moved via Thorchain to Ethereum, Ripple, and Litecoin. This BTC update highlights the risks of phishing attacks in crypto.
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