Crypto Users Lose $3.05M in Brazen Phishing Scam—Here’s How It Happened

Crypto's dark underbelly strikes again—another phishing scheme drains millions from unsuspecting victims. Here’s the breakdown.

The Bait: Sophisticated fake platforms mimicked legitimate services, luring users with promises of high-yield returns (because greed still bypasses common sense in bull markets).

The Hook: Victims unknowingly handed over private keys via 'wallet verification' traps—a classic move that somehow still works in 2025.

The Takedown: $3.05M vanished faster than a Bitcoin maximalist’s patience for altcoins. Funds were laundered through mixers, because transparency is so 2021.

The Irony: This happened while 'security-focused' Layer 2s were busy tweeting about their ATHs. Priorities, right?

Stay paranoid out there—the only thing decentralized in crypto lately seems to be accountability.