Scam Sniffer analysts noted that the record was set by a victim who had $55 million stolen by the attackers after taking over a proxy server. Researchers noted a decrease in the number of cryptocurrency-related fake accounts on the social network X. This is explained by the platform’s recent efforts to combat fraud.
[1/7] ScamSniffer’s August Phishing Report
In August, around 9,145 victims lost about $63 million to crypto phishing scams.
While the number of victims dropped by 34% from July, the stolen amount surged by 215%. pic.twitter.com/lm3dCtBQVH— Scam Sniffer | Web3 Anti-Scam (@realScamSniffer) September 3, 2024
However, phishing attacks on crypto asset owners are becoming increasingly sophisticated, say Scam Sniffer experts, who recommend strengthening security measures by carefully checking transactions. Anyone who promises to return 100% of stolen assets may be another scammer, Scam Sniffer warned.
Recently, analysts from PeckShield reported that in August, the crypto industry lost $313.86 million due to 10 major hacker attacks. The damage from phishing amounted to more than $293 million. Moreover, $238 million was stolen in bitcoins, and $55.4 million in DAI stablecoins. Analysts noted that hackers returned crypto assets worth only $12 million.
#PeckShieldAlert August 2024 witnessed 10+ hacks in the crypto space, resulting in ~$313.86 million in losses. The 2 largest hacks, both involving unauthorized transfers (#Phishing), accounted for 93.5% of the total stolen funds, amounting to $293.4 million.#Top 5 Hacks in… pic.twitter.com/lIAieHdUqt
— PeckShieldAlert (@PeckShieldAlert) September 1, 2024
Earlier, Scam Sniffer reported that hackers created more than 11,000 phishing resources in January, and the value of the stolen cryptocurrencies was estimated at $55 million. The attackers posed as representatives of well-known crypto projects.
Source: Bits

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