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A Single Investor Lost $91M in Bitcoin to a Fake Support Scam

A Single Investor Lost $91M in Bitcoin to a Fake Support Scam

Published:
2025-08-21 21:33:31
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A Single Investor Lost $91M in Bitcoin to a Fake Support Scam

Crypto's latest cautionary tale: one investor just got taken for a staggering $91 million in Bitcoin.

How It Went Down

The scam followed a classic playbook—fake support impersonating a legitimate service. No sophisticated hack, no blockchain exploit. Just social engineering at a massive scale.

The Aftermath

That's $91 million gone in what looks like a coordinated phishing attack. Funds moved to external wallets—almost certainly irrecoverable.

Welcome to decentralized finance, where your keys mean your responsibility—and sometimes, your colossal loss. Another reminder that in crypto, the biggest risk often isn't the protocol—it's the person on the other end of the 'support' chat. But hey, at least traditional banks have FDIC insurance—right?

|Square

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