Investor Loses $91 Million in Bitcoin to Sophisticated Scam

A cryptocurrency investor suffered a significant loss, losing nearly $91 million worth of Bitcoin after falling victim to a sophisticated social engineering scam. The incident occurred on August 19, 2025, according to blockchain investigator ZachXBT, who revealed the details on X. 783 Bitcoin were stolen from the wallet through manipulation by fraudsters posing as customer support for a major exchange and hardware wallet provider. The victim was tricked into sharing access credentials, enabling the scammers to drain their Bitcoin funds in minutes.