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$46M Stolen From Clueless Crypto Investors in September: Because Who Needs a 401k When You Can Lose It All to Phishing Scams?

A  illustration depicting a giant crypto wallet with its contents spilling out onto the ground as a sly fox snatches coins and tokens away through a phishing website portal.

More like ‘crypto-menace’ am I right? It’s been a wild ride for crypto investors this year, with $127 million worth of their precious being stolen in Q3 alone. And let me tell you, it’s not just the money that’s getting drained – it’s also the brains and common sense of these poor souls who still think they can get rich quick on cryptocurrency.

Source: cointelegraph

Over $127 million worth of cryptocurrencies were stolen from investors in the third quarter of 2024, with approximately $46 million lost in September. According to Web3 security firm Scam Sniffer, around 10,800 victims were impacted by phishing attacks in September. The biggest loss was reported on Sept. 28, when a phishing attack using a permit phishing signature drained 12,083 spWETH worth $32.43 million. Source: Scam Sniffer In phishing attacks, scammers […]

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