Significant Crypto Theft: $24 Million Drained from Ethereum Wallet in Phishing Scam. However. In a giant crypto robbery. The unknown person lost access to a whopping $24 million worth of cryptocurrency from their Ethereum wallet.
Significant Crypto Theft: $24 Million Drained from Ethereum Wallet in Phishing Scam. According to cryptocurrency news site The Block. However. Is it one of the biggest individual cryptocurrency thefts to date?
4,851 Rocket Pool ETH (rETH). Worth approximately $8.5 million. And 9,579 Lido Staked ETH (stETH). Worth roughly $15.6 million at today’s values, were among the stolen assets.
The victim’s digital assets were swiftly removed from the Ethereum wallet. However, they demonstrate how skilled and specialized crypto-focused phishing criminals have become.
However, IT security companies like Beosin and BlockSec. Examined the event and identified phishing as the likely culprit strategy as the most viable strategy.
These experts claim that the victim appeared to have been duped by a phishing scheme, which caused them to consent to fraudulent transactions from an Ethereum wallet unknowingly.
Phishing scams common in crypto
However, phishing attacks frequently use misleading emails, messages, or phone calls that fool victims into disclosing personal information.
Significant Crypto Theft: $24 Million Drained from Ethereum Wallet in Phishing Scam. One of the most frequent ways consumers lose money to bad actors in the cryptocurrency realm is through these kinds of attacks.
In this instance, the victim’s engagement with a rogue smart contract led to the unintentional transfer of cryptocurrency to the attacker.
However, the stolen digital assets were moved to an address cryptically named “Fake_Phishing186943,” as confirmed by data on the Ethereum blockchain explorer Etherscan, Shortly after unknowingly allowing the attacker permission to transfer funds.
There have been reports that a phishing scheme involved this address. However, please use caution while communicating with it,” Etherscan advises users about the particular address.