๐Ÿšจ Big Heist in Crypto World! ๐Ÿšจ

A whopping $243 million was stolen from a Genesis creditor on Aug. 19 in a sophisticated social engineering scam. The victim was tricked into resetting their Gemini 2FA settings and transferring funds to a compromised wallet.

๐Ÿ” Blockchain sleuth ZachXBT led an investigation that resulted in two arrests and the freezing of over $9 million of the stolen funds. The culprits splurged on luxury cars, watches, and designer clothes, but slipped up by sharing an address used for these purchases.

๐Ÿ’ฌ What are your thoughts on this high-stakes cybercrime? Share in the comments!