Wrapped Bitcoin

Earlier on May 3, 2024, Todayq News reported that an anonymous <a href="https://news.todayq.com/scammed-or-what-traders-68-million-wbtc-vanishes/" rel="noopener noreferrer nofollow">trader lost a massive $71 million</a> of Wrapped Bitcoin (WBTC) through a poisoning scam. However, today on May 10, 2024, Peckshield, an on-chain security firm, recently shared a post on X (previously Twitter) and highlighted that the scammer who took a massive $71 million worth of WBTC through a poisoning scam has returned 50% of thestolen funds to the victim’s address. Scammer returns stolen fund to the victim 
According to the Peckshield Alert, the scammer initially on May 9, 2024, sent 51 ETH to the victim along with a message and urged the victim to share his telegram so that he would contact him. But later after that day, the scammer returned almost 50% of the stolen funds in the form of Ethereum, which is 11,446.87 ETH worth nearly $35 million, to the victim’s address.&nbsp;
However, the scammer transferred this massive $35 million into 3 different transactions. Meanwhile, the victim has not yet received the remaining 50%. It will be very interesting to see if the scammer returns the rest of the holdings or not.&nbsp;
If we look at the previous month’s crypto losses due to hacks, exploitations, and scams, the total loss was somewhere around $26 million, which was 141% lower than the previous month’s $79 million in March 2024. However, the data shows that till April 2024, the crypto market experienced a loss of over $449.3 million. However, there is one more warning of a scam, an exploit CertiK has informed ZKasino on their Skynet profile. Ethereum price performance analysis 
Following this incident, Ethereum’s price won’t be impacted. Currently, Ethereum (ETH) is trading near the $3,030 level, and in the last 24 hours, it experienced a decent 2% upside momentum. Whereas, if we look at the performance of Ethereum over a longer period, in the last 7 trading days, the market remained stable, and ETH saw only a 2% upside momentum.
Besides this, recently on May 9, 2024, ZachXBT also detected that Tatiseth, a notable figure in the crypto space, fell victim to a phishing attack, losing three valued Bored Ape Yacht Club NFTs numbered 7531, 6736, and 2100. The scammer, known as PinkDrainer, quickly sold the stolen NFTs for 48.5 ETH, totaling approximately $145,000.

Scammer contacts victim via telegram returns 50% of stolen Crypto

Todayq News

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