Crypto User Loses $20,000 Due to Phishing Scam on ChangeNOW Exchange

A recent victim of a phishing scam involving the ChangeNOW cryptocurrency exchange experienced a significant financial loss. According to Foresight News, the user lost over $20,000 after interacting with a deceptive website disguised as the legitimate platform. This website utilized Punycode technology, which allows for websites to mimic real ones, resulting in misleading users into thinking it was genuine before transferring their crypto assets.