Bitcoin Investor Suffers $91 Million Loss in Sophisticated Social Engineering Scam

A high-profile Bitcoin investor has fallen victim to a sophisticated social engineering scam, losing an estimated $91.4 million in Bitcoin on August 19, 2025. The attack involved impersonation by scammers posing as support staff from a hardware wallet and cryptocurrency exchange. Funds were then transferred through the Wasabi Wallet for enhanced privacy. Blockchain analyst ZachXBT investigated the incident.