Crypto Investor Suffers Major Loss from Sophisticated Social Engineering Scam

A bitcoin investor has lost a staggering $91 million in a single transaction, becoming the latest victim of sophisticated social engineering attacks targeting cryptocurrency users. Blockchain investigator ZachXBT revealed that the individual fell prey to impostors posing as crypto exchange and hardware wallet support personnel, resulting in the theft of 783 Bitcoin, according to blockchain data. The funds were moved through Wasabi Wallet on Wednesday, an effort to obfuscate the transaction trail.