Crypto Investor Loses $91 Million in Sophisticated Phishing Scam

A Bitcoin investor has become a victim of a sophisticated social engineering scam, losing a staggering 783 BTC worth approximately $91 million to fraudsters. The theft occurred on Tuesday morning at 11:06 am UTC, with the stolen funds sent to a freshly created Bitcoin wallet address before being laundered through Wasabi Wallet, a privacy-focused service designed to conceal their origins. Blockchain investigator ZachXBT disclosed this exploit in an X post on Thursday, revealing that scammers successfully impersonated support staff from both cryptocurrency exchanges and hardware wallet providers.