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Blockchain sleuth ZachXBT uncovered a high-profile societal engineering onslaught connected Thursday, with the unfortunate losing 783 BTC worthy astir $91.4 million.
The scam occurred connected Aug. 19 and progressive the attacker posing arsenic a enactment cause for a hardware wallet earlier duping the unfortunate into handing implicit wallet credentials.
The onslaught mirrors a string of societal engineering attacks implicit the past twelvemonth and contributes to an already woeful twelvemonth successful presumption of hacks and scams, with crypto investors losing $3.1 billion successful the archetypal fractional of 2025.
Once the malicious transportation was made, the funds began their travel done a emblematic laundering process, with aggregate deposits made into Wasabi Wallet, a privateness instrumentality commonly utilized to obfuscate the trail.
The hack occurred precisely 1 twelvemonth aft the $243 cardinal Genesis creditor theft, a landmark lawsuit that sent ripples crossed the manufacture and led to the arrest of 12 people successful California successful May.
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