Crypto Investor Loses $91 Million in Social Engineering Attack

A crypto investor has fallen victim to a sophisticated social engineering scam, losing a staggering 783 Bitcoin ($91 million) on August 19th. The attacker, posing as both exchange and hardware wallet support, targeted the individual’s private information to exploit them during an attack that began moving funds shortly after the event. This incident was uncovered by security researcher ZachXBT, who shared details of the theft on Twitter.