Crypto User Loses $3.05 Million in Sophisticated Phishing Attack
Main Idea
A phishing attack resulted in the theft of over $3 million in aEthUSDT tokens, highlighting ongoing vulnerabilities in crypto security and the rise of AI-enabled fraud.
Key Points
1. A victim's address (0x2d98…6695) interacted with a phishing contract, leading to the unauthorized transfer of $3 million in aEthUSDT tokens.
2. Attackers exploited EIP-7702 upgraded addresses, with recent cases involving losses of $146,551 and $66,000 through similar tactics.
3. A Bitget report noted $4.6 billion in crypto scam losses in 2024, with AI-enabled fraud accounting for nearly 40% of high-value thefts.
4. Users are advised to verify approval prompts and URLs to avoid falling victim to phishing scams.
5. Security programs like Bitget, SlowMist, and Elliptic’s Anti‑Scam Hub aim to detect and disrupt fraudulent networks, but user caution remains critical.
Description
A single deceptive transaction cost one cryptocurrency user a staggering $3.05 million in USDT tokens today. Blockchain security firms Lookonchain, PeckShield, and Scam Sniffer reported the incident, tracing the theft to a phishing attack where the victim unknowingly signed a malicious transfer, draining their wallet of Aave-wrapped USDT (aEthUSDT). Anatomy of a Multi-Million Dollar Theft According to on-chain data analyzed by Scam Sniffer, the victim’s address, 0x2d98…6695, interacted with a ph...
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