Bitcoin Investor Loses $91 Million in Social Engineering Scam

A Bitcoin investor has lost a staggering $91.4 million to a sophisticated social engineering scam involving impersonated support staff from major crypto exchanges. The incident, revealed by blockchain sleuth ZachXBT on August 19, 2025, saw the funds vanish after being transferred via the Wasabi Wallet. This case underscores the ongoing vulnerability of the cryptocurrency market, especially for those using private wallets, to such targeted attacks.