Ethereum

Millions

Impact

Security

<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/ethereum-heist-rakes-in-millions-from-phishing-scheme" rel="noopener noreferrer nofollow">Ethereum Heist Rakes In Millions from Phishing Scheme</a><br></p>
<p style="text-align: justify">A deceptive <a href="https://en.bitcoinhaber.net/whale-moves-a-strategic-acquisition-of-46-14-million-in-ethereum" rel="noopener noreferrer nofollow">Ethereum</a> wallet scheme has recently swindled millions of dollars by targeting cryptocurrency and <a href="https://en.bitcoinhaber.net/fifa-announces-limited-edition-nfts-granting-2026-world-cup-final-access" rel="noopener noreferrer nofollow">NFT</a> transactions. Security specialist Plumferno detected and tracked the fraudulent activities, which involved pilfering funds from inactive accounts, including those possibly impacted by the BlockFi bankruptcy.</p>
<h2 id="phishing-attack-targets-crypto-creditors">Phishing Attack Targets Crypto Creditors</h2>
<p style="text-align: justify">A phishing campaign deceived victims with emails posing as correspondence from bankrupt firms like BlockFi and FTX, accelerating the theft. The perpetrator likely obtained contacts from a January breach of the Mailer Lite email service, which also triggered another profitable phishing operation. Plumferno expressed concern that many victims, especially dormant account holders, might still be ignorant of the theft.</p>
<h2 id="scope-and-impact-of-the-cryptocurrency-heist">Scope and Impact of the Cryptocurrency Heist</h2>
<p style="text-align: justify">Blockchain analysis revealed that since March 17th, the scammer’s wallet has received about $4.5 million in Ethereum, with a continuous influx of funds. High-value NFTs have also been part of the haul, with the thief trading items like Mutant Apes and Otherdeeds. As phishing scams gain traction, cybercriminals looted $300 million in 2021 alone, with even savvy crypto participants falling prey. These attacks tarnish the blockchain ecosystem’s reputation, but industry advancements in <a href="https://en.bitcoinhaber.net/feb-2024-sees-substantial-dip-in-cryptocurrency-thefts" rel="noopener noreferrer nofollow">security</a> are beginning to thwart such threats and instill safety.</p>
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on BH NEWS: </span> <a href="https://en.bitcoinhaber.net/ethereum-heist-rakes-in-millions-from-phishing-scheme" rel="noopener noreferrer nofollow">Ethereum Heist Rakes In Millions from Phishing Scheme</a></h5>

Ethereum Heist Rakes In Millions from Phishing Scheme

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