Singapore Entrepreneur Loses Over $100K in Crypto to Sophisticated Game-Testing Scam
A Singapore-based Web3 investor fell victim to a meticulously orchestrated crypto scam involving a fake game-testing opportunity. The attacker siphoned a six-figure sum within hours using malware disguised as a game launcher.
The operation boasted professional hallmarks—a polished website, active Discord community, and responsive team—that bypassed initial scrutiny. Despite the victim's experience in evaluating blockchain projects, the sophisticated social engineering proved effective.
Security experts warn this incident underscores growing threats from targeted crypto malware, particularly through browser-based wallets storing seed phrases. The attack vector highlights how even seasoned investors remain vulnerable to increasingly elaborate schemes.
