CoinInsight360.com logo CoinInsight360.com logo
A company that is changing the way the world mines bitcoin

WallStreet Forex Robot 3.0
crypto.news 2025-02-04 09:08:38

Crypto phishing losses dropped 56% to $10.2m: ScamSniffer

Phishing scams drained over $10.2 million in crypto from more than 9,000 victims in January, a 56% drop from December, data shows. While phishing losses fell 56% in January to $10.25 million, new threats are spreading fast, according to latest findings reported by blockchain firm ScamSniffer. In a Feb. 3 thread on X, the firm revealed that more than 9,200 victims lost funds last month. “Transaction simulation spoofing,” a scam tricking users into signing fake transactions, has cost victims hundreds of thousands in a single attack. For instance, one user lost 143.45 in Ethereum ( ETH ) (around $461,000) in just one day due to such scam attack https://twitter.com/realScamSniffer/status/1886671047111663802 You might also like: Over $9m lost in November phishing scams affecting 9.2k victims, data shows Malware is blowing up fast too. ScamSniffer says Telegram “Fake Safeguard” scams have skyrocketed over 2,000% since November 2024. Moreover, Solana users aren’t safe either as scammers are using fake Phantom wallet popups to steal seed phrases, the secret keys that unlock full control of a crypto wallet. Meanwhile, fake accounts are also popping up — over 300 a day, twice as many as in November. As crypto.news reported earlier , scammers are even taking over big X accounts like Yahoo News UK and Lenovo India to push bogus tokens. Blockchain sleuth ZachXBT previously warned users to revoke app permissions for their non-custodial wallets if they interacted with suspicious websites. ScamSniffer also advises victims to contact recovery services but warns against “recovery experts,” who promise 100% returns as they are just the same scammers looking to steal even more money. Read more: Crypto phishing scammers target investors chasing Trump-backed WLFI tokens

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.