More than 800 victims of the collapsed BitConnect crypto Ponzi scheme are set to receive $17 million in restitution, according to the U.S. Department of Justice.

#crypto2023 #bitconnect #victim #refund #cryptoonindia

- A #victim named L3yum suffered a hack involving 90 Ether (ETH) and lost nearly $170,000 worth of NFTs and assets tied to Yuga Labs and other projects.

- The hacker's #Tether (USDT) address was blacklisted with the assistance of law enforcement and cyber authorities.

- On August 11, L3yum reported that the hacker's Ethereum-based USDT address had been frozen and blacklisted.

- The wallet holds $107,306 worth of USDT, but the victim may not recover the full stolen amount.

- It's uncertain if the victim will be reimbursed, but previous cases suggest Tether might burn blacklisted USDT and issue equivalent amounts to the original owner.

- Normally, Tether requires a court order to blacklist a #USDT address, and this is the likely path ahead for L3yum.

- The method used by the #hacker to access the #seedphrase in March remains unknown.

$BTC $ETH $BNB

How to protect yourself from Crypto Phishing Scams☠️?

To protect yourself from crypto phishing scams, follow these precautions:

Verify URLs✅: Double-check website URLs for authenticity, especially before entering any sensitive information. Ensure the website has a secure connection (https://) and matches the official site.

Beware of Unsolicited Emails✉️: Be cautious when clicking on links or downloading attachments from unexpected or suspicious emails. Always verify the sender's identity.

Enable Two-Factor Authentication (2FA)🔒: Use 2FA whenever possible to add an extra layer of security to your accounts. This typically involves a one-time code sent to your mobile device.

Use Official Mobile Apps📱: Only download mobile apps from reputable sources, such as the Apple App Store or Google Play Store.

Be Cautious on Social Media👩‍💻: Be wary of unsolicited messages or requests for sensitive information on social media platforms.

Educate Yourself📖: Stay informed about common #crypto scams and #phishing techniques. Knowledge is a valuable defense against such threats.

By staying vigilant and taking these precautions, you can reduce the risk of falling #victim to crypto phishing scams and help protect your #cryptocurrency assets.

*Give your helping hand by giving 'tip' if you find my information helpful.

kirilm.eth fell #victim to a #PhishingScams attack and suffered a loss of 180.25 million #BEAM tokens, valued at $5.14 million, approximately 13 hours ago.

The scammer promptly liquidated the ill-gotten $BEAM tokens, exchanging them for 1,629 ETH, equivalent to $4.6 million.
This swift sell-off had a considerable impact on the BEAM token's price, causing it to plummet by approximately 7%.

The address associated with these fraudulent activities is
0x83664B8a83b9845Ac7b177DF86d0F5BF3b7739AD.