Phishing Scam Exploits Crypto Users, Leading to $1.1M Loss

A recent phishing scheme targeting cryptocurrency users has resulted in over $1.1 million in losses, according to SlowMist’s Chief Information Security Officer (@im23pds). The scam employs deceptive withdrawal verification codes delivered via SMS to trick victims into calling a fake support number. Attackers then leverage follow-up impersonations from individuals posing as Ledger representatives to further exploit the situation.